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Global Investors: Foreign Investing In US Real Estate with Charles Carillo
In this episode of the Global Investors Podcast, Charles Carillo interviews Joseph McCabe, a U.S. Army veteran, serial entrepreneur, and the founder of The Surefire Group. Joseph shares how he built a vertically integrated real estate business by helping brokerages and builders set up compliant joint ventures for mortgage, title, and insurance services. His strategy—modeled after top national brokerages like Keller Williams—allows local real estate businesses to retain more income per transaction, increase agent loyalty, and survive tighter profit margins in a post-NAR settlement world. Listeners will learn: How real estate brokerages can generate 3–5x income through ancillary service JVs Why RESPA safe harbor compliance is critical for scaling partnerships How to create “golden handcuffs” that retain top-producing agents The difference between a gimmicky JV and a fully licensed, auditable entity What metrics Joseph looks for in potential brokerage or builder partners The logic behind owning vs. leasing commercial property for your business How Joseph structures seller-financed and owner-occupied real estate deals Why he believes wealth in real estate comes from holding for 10+ years, not flipping The leadership mindset that helped him scale 60+ entities without burnout Joseph also shares his personal journey from nearly becoming a cop to running multiple businesses across real estate, healthcare, and finance—all while staying focused through routines, hiring strategically, and delegating energy-draining tasks. If you're a real estate investor, broker-owner, or entrepreneur looking to grow a scalable, resilient business, this episode is packed with insights you won't hear anywhere else. Learn more about Joseph McCabe: The Surefire Group - https://www.thesurefiregroup.com/ Connect with the Global Investors Show, Charles Carillo and Harborside Partners: ◾ Setup a FREE 30 Minute Strategy Call with Charles: http://ScheduleCharles.com ◾ Learn How To Invest In Real Estate: https://www.SyndicationSuperstars.com/ ◾ FREE Passive Investing Guide: http://www.HSPguide.com ◾ Join Our Weekly Email Newsletter: http://www.HSPsignup.com ◾ Passively Invest in Real Estate: http://www.InvestHSP.com ◾ Global Investors Web Page: http://GlobalInvestorsPodcast.com/
What is the New Apostolic Reformation (NAR)? And what does it have to do with conservative political power in the United States and abroad? Leah Payne and Caleb Maskell join Mark Labberton for a deep dive into the emergence and impact of the New Apostolic Reformation—a loosely affiliated global network blending Pentecostal Christian spirituality, charismatic authority, and political ambition. With their combined pastoral experience and scholarly expertise, Payne and Maskell chart the historical, theological, and sociopolitical roots of this Pentecostal movement—from Azusa Street and Latter Rain revivals to modern dominion theology and global evangelicalism. They distinguish the New Apostolic Reformation from the broader Pentecostal and charismatic traditions, and explore the popular appeal, theological complexity, and political volatility of the New Apostolic Reformation. Episode Highlights “Isn't this just conservative political activism with tongues and prophecy and dominion?” “At no point in time in the history of these United States … have Protestants not been interested in having a great deal of influence over public life.” “You can be super nationalistic in Guatemala, in Brazil, in India, and in the United States. … It is a portable form of nationalism.” “They are not moved by appeals to American democracy or American exceptionalism because they have in their mind the end times and the nation of Israel.” “Charismatics and Pentecostals, unlike other forms of American Protestantism … do not have a theological value for democracy.” Main Themes Pentecostalism's history and global influence Charismatic Christianity versus Pentecostalism Defining and explaining the New Apostolic Reformation (NAR) C. Peter Wagner, Lance Hall, and Seven Mountain Mandate Dominion theology, Christian nationalism, and the religious Right Pentecostals and Trump politics Zionism in charismatic theology Vineyard movement, worship music, and intimacy with God Linked Media References About Vineyard USA God Gave Rock and Roll to You: A History of Contemporary Christian Music by Leah Payne The New Apostolic Churches by C. Peter Wagner This Present Darkness by Frank Peretti Atlantic Article: “The Army of God Comes Out of the Shadows” by Stephanie McCrummen Bonhoeffer's America: A Land Without Reformation, by Joel Looper Another Gospel: Christian Nationalism and the Crisis of Evangelical Identity, by Joel Looper Show Notes Leah Payne defines Pentecostalism as “a form of American revivalism” William J. Seymour Marked by interracial desegregated worship and spiritual “fireworks” like tongues and prophecy Mystical experiences of God Desegregation and physically touching one another in acts of miraculous healing The Azusa Street Revival (1906) identified as a global catalyst for Assemblies of God denomination There is no founding theological figure, unlike Luther or Calvin Caleb Maskell emphasizes Pentecostalism's roots in “a founding set of experiences,” not a founding theological figure “Limits to what makes a church” Lack of ecclesiological clarity leaves Pentecostalism open to both renewal and fragmentation Leah highlights Pentecostalism as “a shared experience … a shared series of practices.” “Holy Rollers” and being “slain in the Spirit” “A different way of knowing” “Christians are made through an encounter with Jesus.” The global “charismatic movement” and how it has had cross-denominational Influence “Charismatic” was a mid-twentieth-century term for Spirit-led practices arising within mainline Protestant and Roman Catholic traditions Charismatic means “gifted” or “being given gifts” “‘Charismatic' has typically been a more inclusive word than ‘Pentecostal.'” Emphasis on personal spiritual gifts and intimate worship styles “They are not respecters of institutions.” Figures like Oral Roberts and Amy Semple McPherson were “too big” for denominational constraints “Too-bigness” as driven by both an over-inflated ego and spiritual mysticism Frederick Buechner: “The place God calls you to is the place where your deep gladness and the world's deep hunger meet.” Spellbound, by Molly Worthen (see Conversing episode 212) What are the origins and key ideas of the New Apostolic Reformation (NAR)? New Apostolic Reformation: “a form of institutionalized charismatic identity that builds on grassroots consensus.” “NAR” coined by C. Peter Wagner at Fuller Seminary in the 1990s Wagner promoted post-denominationalism and “reality-based” church governance centred on individual charismatic gifts Emerged from a “larger soup” of charismatic ideas—often practiced before being systematized. Closely tied to the “Seven Mountain Mandate”: that Christians should influence key societal sectors—family, religion, education, media, entertainment, business, and government The role of dominion theology and political alignment “The convergence of egos, the convergence of ethos … is a natural thing to see emerging.” “Dominion is really just two or three logical steps from an obsession with cultural relevance.” Payne sees dominionism as a Pentecostal-flavoured version of a broader conservative political strategy. “Charismatics and Pentecostals are everywhere … so we should expect them on the far right.” Many deny the NAR label even as they operate in its mode. ”When Bob Dylan's in your church, suddenly your church is relevant, whether you like it or not.” Defining “Dominionism” “Dominion is really just two or three logical steps from an obsession with cultural relevance. Cultural relevance says church should fit—not prophetically, but should fit all but seamlessly—into modes of culture that people are already in.” What are the “Seven Mountains of Culture”? Family, religion, education, media, entertainment, business, and government—”the world would go better if Christians were in charge of each of those arenas.” “At no point in time in the history of these United States and the history of European settlers in the new world have Protestants not been interested in having a great deal of influence over public life.” Trump, Zionism, and global Pentecostal nationalism Christian nationalism versus religious Right “They are not moved by appeals to American democracy. … They think the nation of Israel is the nation of all nations.” “Isn't this just conservative political activism with tongues and prophecy and dominion?” Anti-institutional and anti-structural How Trump seeks power and ego affirmation Christian theocratic rule? ”It may simply be a part of what it is to be a Christian is to say, at some level, within the spheres that I'm given authority in, I ought to have the right kind of influence, whatever it is.” “ I think what's scary about the moment that we're in right now is in fact the chaos.” A book about Donald Trump—God's Chaos Candidate, by Lance Wall ”The beliefs in divine prophecy are so widespread that they transcend partisanship.” Black Pentecostalism: immune to the charms of Trump and populist conservatives Trump's Zionist overtures strategically captured charismatic loyalty The rise of global Pentecostal nationalism in countries like India, Brazil, and Guatemala parallels US patterns. “They don't actually care long-term about American democracy.” “They are not moved by appeals to American democracy or American exceptionalism because they have in their mind the end times and the nation of Israel.” Prosperity gospel Dominionism and the Roman Catholic “doctrine of discovery” The gospel of Christ as “sorting power” “It is a portable form of nationalism.” Concerns about power, order, and eschatology Mark Labberton reflects on Fuller Seminary's controversial role in NAR's intellectual development. Payne critiques the equation of widespread Pentecostal practices with far-right dominionism. “What's scary … is the chaos. And a number of people associated with NAR have celebrated that.” NAR theology often prioritizes divine chaos over institutional order. Warnings against super-biblical apostolic authority and spiritual authoritarianism. Pentecostalism beyond politics “There's a vivid essentialism—make everything great and all the nations will gather.” Vineyard worship as a counterweight to dominionism—emphasizing intimacy and mystical union with Christ. “That emphasis on Jesus as a friend … is a really beautiful image of God.” Vineyard music helped export a gentle, intimate charismatic spirituality. About Leah Payne Leah Payne is associate professor of American religious history at Portland Seminary and a 2023–2024 public fellow at the Public Religion Research Institute (PRRI). She holds a PhD from Vanderbilt University, and her research explores the intersection of religion, politics, and popular culture. Payne is author of God Gave Rock and Roll to You: a History of Contemporary Christian Music (Oxford University Press, 2024), and co-host of Rock That Doesn't Roll, a Public Radio Exchange (PRX) podcast about Christian rock and its listeners, and Weird Religion, a religion and pop culture podcast. Her writing and research has appeared in The Washington Post, NBC News, Religion News Service, and Christianity Today. About Caleb Maskell Caleb Maskell is the associate national director of theology and education for Vineyard USA. Born in London, he immigrated with his family to New Jersey in 1986, at the age of nine. Caleb has been involved in leadership in the Vineyard movement for twenty-five years. After spending a gap year at the Toronto Airport Vineyard School of Ministry in 1995, he went to the University of Chicago to study theology, philosophy, and literature in the interdisciplinary undergraduate Fundamentals program. While there, he joined the core planting team of the Hyde Park Vineyard Church, where he served as a worship leader, a small group leader, a setter-up of chairs, and whatever else Rand Tucker asked him to do. After college, full of questions that had emerged from the beautiful collision of serious academic study and the practical realities of church planting, Caleb enrolled in the MDiv program at Yale Divinity School. For four years, he immersed himself in the study of theology, church history, and Scripture, while also leading worship and working with middle school and high school youth groups. After graduating in 2004, he worked for three years as the associate director of the Jonathan Edwards Center at Yale University. In 2007, along with his wife Kathy and their friends Matt and Hannah Croasmun, Caleb planted Elm City Vineyard Church in New Haven, Connecticut. That year, he also began a PhD program at Princeton University, focusing on the history of American religion, with an additional emphasis in African American studies. After moving to Manhattan for four years while Kathy went to seminary, the Maskells ended up in suburban Philadelphia, where Caleb completed his PhD while teaching regularly at Princeton Theological Seminary, and serving as the worship pastor at Blue Route Vineyard Church. Since 2010, Caleb has led the Society of Vineyard Scholars, which exists to foster and sustain a community of theological discourse in and for the Vineyard movement. Caleb is passionate about developing leaders and institutions that will help to produce a healthy, courageous, and hospitable future for the church in the twenty-first century. Caleb and Kathy now live with their two kids, Josiah and Emmanuelle, in the heart of Denver, where Kathy pastors East Denver Vineyard Church. Production Credits Conversing is produced and distributed in partnership with Comment magazine and Fuller Seminary.
In this riveting episode of Right On Radio, host Jeff Uncovers the Spiritual and Political Tensions Paving the Way for the New World Order Jeff then delves into complex and controversial topics surrounding the spiritual and political landscapes shaping today's world. He explores the Donald Trump administration, examining its connections to the New Apostolic Reformation (NAR) and its implications on global politics and religion. The episode touches on the controversial seven-mountain mandate promoted by NAR adherents, which seeks to influence seven key sectors of society: education, religion, family, business, government and military, arts and entertainment, and media. Listeners are introduced to Project Esther and Trump's executive orders aimed at combating anti-Semitism while simultaneously dissecting those same policies and their broader implications. Using in-depth analysis, Jeff questions the narratives around Zionism and the influence of Ashkenazi Jews in global politics, sparking debate on the slippery slope of religious and cultural biases institutionalized in government policies. As Jeff narrates, the episode weaves in discussions on ancient mystery religions like Kabbalah and their modern ties, offering insights into the esoteric knowledge claims entwined in contemporary theological shifts. He uncovers the hidden names and history of Israeli leaders and challenges listeners with theoretical yet thought-provoking considerations about global conspiracies and unfolding biblical prophecies. Prepare for twists as Jeff ties these themes to the book of Revelation, suggesting that the prophecies detail the current and future alignment of global powers, possibly hinting at who might have significant roles in this world theater and how the shadowy manoeuvres behind the scenes could affect everyone's reality. Concluding with a call to deepen one's own faith and understanding, listeners are encouraged to stay informed and emotionally resilient amidst this complex and dynamic global environment. Thank you for Listening to Right on Radio. https://linktr.ee/RightonRadio Prayerfully consider supporting Right on Radio. Click Here for all links, Right on Community ROC, Podcast web links, Freebies, Products (healing mushrooms, EMP Protection) Social media, courses and more... https://linktr.ee/RightonRadio Live Right in the Real World! We talk God and Politics, Faith Based Broadcast News, views, Opinions and Attitudes We are Your News Now. Keep the Faith
Discover powerful strategies to maximize your rental property returns and minimize costly vacancies. Learn how top investors are transforming their approach to property management, from tenant retention techniques to smart staffing solutions. Key Insights: Master the art of keeping great tenants and reducing turnover Understand when to scale your property management approach Explore innovative investment opportunities beyond traditional real estate Market Trends Spotlight: Rental demand is on the rise Emerging investment options offer unique wealth-building potential Strategic diversification is key to long-term financial success Explore alternative investment opportunities like sustainable teak forestry - a generational wealth strategy that offers: Low entry point Long-term growth potential International diversification Whether you're a seasoned investor or just starting out, these insights will help you make more informed, profitable real estate decisions. Resources: Learn more about the teak tree investment opportunity at Gremarketplace.com/teak Show Notes: GetRichEducation.com/555 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, learn how to reduce a giant operational expense that you'll have over time your tenant vacancy and turnover, including how many units you must own before you hire your own on site property manager as your employee. Whatever happened to agent commissions in light of last year's NAR settlement, then a timely update on teak tree investing today on Get Rich Education. Mid South home buyers. I mean, they're total pros, with over two decades as the nation's highest rated turnkey provider. Their empathetic property managers use your ROI as their North Star. So it's no wonder that smart investors just keep lining up to get their completely renovated income properties like it's the newest iPhone. They're headquartered in Memphis and have globally attractive cash flows and A plus rating with the Better Business Bureau and now over 5000 houses renovated their zero markup on maintenance. Let that sink in, and they average a 98.9% occupancy rate, while their average renter stays more than three and a half years. Every home they offer has brand new components, a bumper to bumper, one year warranty, new 30 year roofs. And wait for it, a high quality renter. Remember that part and in an astounding price range, 100 to 180k I've personally toured their office and their properties in person in Memphis. Get to know Mid South. Enjoy cash flow from day one. Start yourself right now at mid southhomebuyers.com that's mid south homebuyers.com You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Welcome to GRE from Manchester, New Hampshire to Manchester, England and across 188 nations worldwide, I'm Keith Weinhold, and you are back inside one of America's longest running and most listened to shows on real estate investing. This is get rich education. What's all that stuff really mean? I'm just another slack jawed and snaggletooth podcaster, a shaved mammal with a microphone. I'm joining you from here in London, England this week for the first time ever on the show. More on that later. Let's talk about reducing the biggest operational expense that you're ever going to have as a real estate investor, at least the one that you can exert a good measure of control over. That is reducing your tenant vacancy and turnover, that constant menace. Now, I suppose you might say that property tax is your biggest ongoing ops expense, but you've got less control over your property tax rate. So yeah, we're talking about increasing your net income by lowering your VIMTUM operating expenses. Vacancy is the V in that acronym. This is big because this can make or break your ability to have your property create positive cash flow and getting tenant turnover right both increases your income and reduces your expenses. It is springtime currently, and it's soon going to be summer, so it is the right time to talk about this. It's when there is more tenant turnover. The goal here is for you to really move the dial in increase the likelihood that your tenant is going to renew their lease. Now, sure if your tenant gets a new job out of town, they're going to move out. But if they're moving because of too many maintenance issues, well then that's something that you could have fixed. The average tenancy duration in the US over time is two to three years. And of course, that's going to be longer in single family rentals and shorter in apartments. And how long your tenant stays is driven by three factors, the price of your unit, the quality of your maintenance and the quality of your management. Let's say that your tenant moves out. To be conservative, that your vacancy period is two months between tenants. Okay, that's the turnover and the time to lease. It two months is a somewhat longish vacancy period. But come on, it happens sometimes, especially if you're going to make upgrades between tenancies and you're busy with other things in your life, if you have a move out every year at that rate, well, that is too often. That would amount. To a vacancy percentage of 14% you might think it's 17% but it isn't, because it's a 12 month vacancy plus two vacant months, all right, but if instead that tenant moves out every two years, that's just 8% vacancy, and every three years that's just 5% vacancy. Of course, if you keep your vacancy period to only one month rather than two, you can have all those numbers. You can really see how you are increasing your income by retaining the tenant. The most vital thing for you to keep in mind is that fast quality maintenance and good communication are by far the best forms of customer service that a property manager can provide, so prompt, quality maintenance. That's a retention strategy. Being a proactive helps. One strategy you can engage in is to reach out to the tenants two months before their lease is set to renew, and that's the time to give them the new lease price and ask them if they intend to stay. If they say, No, they're not, ask them why. And occasionally, you can sway them if there's been a misunderstanding in your relationship, for example, a lingering maintenance issue that hasn't been addressed, and perhaps they didn't bother to contact you about that, if nothing else, I think I mentioned this to you one time before offering a small reward, like a gift card helps. I mean, creating this sense of reciprocation is really one of the best retention tactics out there, even if the items being reciprocated aren't anywhere near equal value, like the value of a 12 month lease versus you giving them, say, a $50 gift card now, say you've tried those strategies, and none of that works, and your tenant does decide to leave, perhaps 45 days from now, but you know that you've got time in your life to turn over the unit now, and You know that you're going to be really busy with other things in 45 days. One thing that you can do then is shift your strategy to pay the tenant. Say you can pay them as little as 10 or 20 bucks a day to leave early. This way they'll vacate during a period where you've got the time to devote to the vacancy and the turnover and the showings to prospective new tenants, and that way, it's not going to linger vacant as long now, a technique like this is a little similar to an eviction, where if a tenant has violated their lease or becomes non paying, without you having to go through the length of Your court driven formal eviction process, you can pay them a lump sum to leave early. Hopefully that's not your situation, but that can come up. And I think you've heard of it before. This is known as the Cash for Keys strategy. That means to get a tenant that's made some violation against their lease, and you want to have them vacate the unit sooner. This means that you get the keys in your hand and the right to enter when you pay them to leave, rather than having to go through the not so fun eviction process and see a tenant wants to avoid a formal eviction as well, because that goes on their record, and then it can make it tough for that tenant to get rental housing elsewhere. But I dislike the Cash for Keys strategy in order to hold off from a formal eviction, because what that does is that rewards a person that violated a lease, although we know that that might also shorten your economic vacancy period, and it could actually be economically beneficial to you, Cash for Keys. It's just not ethical, though. I know it might be tempting for you, the landlord, the cash for key strategy. It rewards societally immoral behavior. Now, of course, you might be using a professional property manager that does all of this stuff for you, like I do today, but still, these are often the best practices for your manager. And I started out self managing, just like a lot of real estate investors do in the beginning, and that's where I learned strategies and techniques like this for reducing your tenant vacancy and turnover. Now, here's a really interesting question that you may not have had to ask yourself yet, but you may down the road, if you've grown your portfolio to a certain size and you're serious about reducing your vacancy and turnover expense, it might be time to ask yourself one big question, and that is for your management and maintenance. Should you use contractors, or should you start to hire your own employees? Now, if you have a small portfolio, it won't be enough work for you to keep an employee busy, so you should go with contract. Contractors. On the other hand, if you have an apartment complex with on site property management, I would definitely recommend having a make ready crew on site, because it's just so easy for them to get to and from a job site. Now, you should still maintain relationships with contractors as a backup, of course, and you should also have specialists like plumbers, electricians and HVAC people ready to call now, most investors are small and they use off site management, but if you grow big enough someday, or maybe it's two day, the important point about employees is that you really need to stay on them, because every extra hour costs you. You don't want anyone out there who's thinking that speed isn't essential, because they're like, ah, you know, I get paid by the hour. Contractors, on the other hand, they quote you or your manager a job up front. So while an extra day hurts because it's one more day you can't lease the unit, it hurts less than it does if you have your own employees. One problem with contractors is they often can't start right away, and this tends to be more true if you're self managing. See if you use a professional manager. They might have their own in house people so you can leverage their employees without having to manage employees yourself, even if your manager brings in an off site contractor, like an electrician or a plumber. Well, that contractor probably gets a lot of business from your property manager, and they have some sense of loyalty to your property manager, therefore, they're incentivized to show up on time faster than if you're trying to self manage, say, your small portfolio of five properties, and you or your tenant are the ones that call the electrician or the plumber. Well, those contractors are going to be less likely to prioritize you and your infrequent requests, and this is just another reason that I like to employ professional management and not self manage. Now, virtually no new real estate investor is going to hire their own employees, and most are never going to at all. All right, but how do you know? How would you know when it's time to hire your own property manager or your own contractor, and have them on your own payroll and you are their boss, if you've got under 20 to 30 units, all right, typically third party property management or self management with contractors, that's going to make more sense, because having a full time, dedicated employee, it's just not financially justifiable. Below 20 or 30 units, you're not going to be able to keep that employee busy. And I'm generally talking about if you have one apartment building here, or a bunch of single family rentals, only if they're in small, close proximity to each other. What about if you grow up to 30 to 60 units? All right now you're in a gray area. If the property is something that's pretty management intensive, like high turnover, or you own an older building, or you generate a lot of work orders, or you're in a challenging area. Well, at 30 to 60 units, you might justify a part time on site person. So how that could practically work in this 30 to 60 unit gray area, what you can do is have a resident manager that gets free rent, plus perhaps a small stipend from you. Okay, so that's a strategy that you can play in this gray area zone. That way they can be responsive to tenant requests, and you can keep your vacancy and turnover costs down. All right, how about when you're going even bigger and you reach 60 to 100 units. Now you're in the range where a full time on site manager or a maintenance person, starts to make financial and operational sense, because here it's 60 to 100 units. Your staffing model, it might be that you have one full time manager, they do the leasing, the tenant relations, in the admin stuff, and you'll also have a second person, a full time maintenance tech if they're needed, all right? And the final tier here, if you reach more than 100 units, oh, okay, now it is standard for you to have a full on site team. You could be in the hundreds of units. So we're talking about a property manager, a leasing agent, a maintenance lead, a groundskeeper and sometimes also a part time assistant manager. So that's it. That's the hierarchy of how, based on your portfolio size and where they're located, how you can serve tenants well and reduce your vacancy and turnover expense. Yes. All right now, what are some things that can shift those thresholds, those unit counts? Well, high rent or luxury buildings, they often need on site staff at a smaller unit count, very low rent or section eight properties, they may need more intensive oversight, buildings that have amenities, like some of these newer apartment buildings that have a pool and a gym, okay, that can trigger some more staffing needs. And if you own multiple properties that are nearby to each other, well, then you can share employees across those properties. And you've got to look at local labor costs in places like New York City, northeastern New Jersey, parts of New England, Miami or LA, those high cost places. Then breaking even on staffing. That probably takes a bigger property than those numbers that I talked about. But here, we tend to invest in those investor advantage areas, the inland northeast, the South, in the southeast, in the Midwest. Now, if you've got, say, even 50 smaller properties, but they're scattered all over the place, in multiple states, well then of course, you're not going to hire employees. A good general metric to leave you with here is that one on site employee for every 50 to 80 units that you own in the same area, that is common, that is a common industry practice in market rate multifamily apartments right now, these are pretty timeless strategies I've been talking about with you here. As for what's happening in The market lately, I continue to slowly get more optimistic about the long beleaguered apartment market. A few weeks ago, I talked about how there's finally been greater apartment rent increases, although those rent increases are still historically low. What recently we learned that apartments are seeing a longer duration of tenancy and today, per real page, every single one of the 50 largest apartment markets has posted month over month occupancy gains, and then that's somewhat commensurate with what we're seeing on the one to four unit side, because the home ownership rate has fallen. It just fell from 65.7% down to 65.1 quarter over quarter. Now that doesn't sound like much, but that's actually a substantial drop in the home ownership rate in just one quarter. And fewer homeowners means more renters. So this basically means that the percent of Americans, renting has gone up because you just take the flip side of those numbers. So the rentership rate has essentially risen from 34.3 up to 34.9 in just one quarter. Something that completely makes sense, because we all know that home ownership affordability, especially for that first time, home buyer is lower, more renters. Is good for rental property owners. It's bringing more rental demand, more occupancy and more future pressure on rising rents. Now I want to follow up with you on a story from last year that made a lot of waves in the larger real estate world, but not so much for real estate investors. You surely remember this. That is the NAR settlement that a lot of people thought would result in lower real estate agent fees. Lowered commissions were coming. That's what everybody thought last year. Stories about that were all over the place that realtor fees are about to shrink. What's happened since then? Well, not much realtor fees, they still haven't fallen in any significant way, although the settlement was more than a year ago and this went into effect nine months ago. So to back up for a moment, in case you missed it, what happened is that a group of sellers accused the NAR, the National Association of Realtors, of inflating home costs by letting buyer side and seller side agents communicate about commission rates on the MLS home database, which only agents can see. And a jury agreed, so the NAR settled the lawsuit for over $400 million in damages, and it barred agents from sharing commission rates on those MLS databases. So that was a huge change that was expected to extinguish the globally high five to 6% realtor fee in the United States, because global averages are between one and 3% so as a result, the US real estate industry, they were bracing themselves for up to a 30% drop in the commissions that Americans pay annually in fees. But the new rules. Things have been nothing other than a big nothing burger. It only took a matter of weeks, really, for most agents to realize, you know, what did the agents do? They just simply moved their conversations off the NAR website and over to phone, text and email. That's it. Yes, that's all they did. So since that time, the average commission for buyers agents has barely budged. It ticked down less than 110 of 1% so for example, it ticked down less than 500 bucks on a 500k home that's per Redfin. So agents still expect sellers to pay five to 6% now I'm not against agents. Not only can an agent guide you through the process, what they can do is get you a higher sale price than they could have otherwise, because they really know how to market and advertise your property and reach a greater pool of buyers, but their commission rates have hardly budged. And of course, here at GRE marketplace, we typically use a direct model where agent compensation isn't priced into your properties anyway. To review what you've learned so far today, being proactive can help reduce your tenant vacancy and turnover expense and increase your income. Prompt, quality maintenance, that is a retention strategy in itself, as can having one on site employee for every 50 to 80 apartment units. And one year later, changes at the NIR really haven't reduced aging commissions appreciably. I'm coming to you from London, England today, taking in all the top sites, Buckingham Palace and watching the changing of the guard over there, Big Ben a Thames river cruise and the London Bridge, which is actually called Tower Bridge. The real estate transaction that I'm currently involved in here is paying $550 a night to stay here at a nice hotel in the center of the city. It's right near the Thames, kind of a steep rate, and I sure didn't have to stay right in the city center, where everything is more pricey. But that's the experience that I want to have. Next week, I'll bring you the show from Edinburgh, Scotland, where I'll be paying even more for a well located hotel right on the Royal Mile, and I'll tell you how much more then I am here to boost their economies, I suppose more next, including a really timely update. I'm Keith Weinhold. You're listening to Episode 555, of get rich education. The same place where I get my own mortgage loans is where you can get yours Ridge lending group NMLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your pre qual and even chat with President Chaley Ridge personally while it's on your mind, start at Ridge lendinggroup.com. That's Ridge lendinggroup.com. You know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing. Check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866. Tom Wheelwright 24:21 this is Rich Dad advisor, Tom wheelwright. Listen to get rich education with Keith Weinhold, and don't quit your Daydream. Keith Weinhold 24:37 Welcome back to Episode 555, of get rich Education. I'm your host, Keith Weinhold, with an episode number like 555, you would expect me to go deep with you on real estate pays five ways, but we did that five weeks ago on episode 550 with your audio masterclass right here on the show today, we're talking about something with less upside. Than say that or the inflation triple crown, and instead on reducing your downside, vacancy and turnover expense, next week here on the show, I expect to sit down with a guest that's a highly regarded financier and author of a fairly hot new finance book, Christopher Whelan, and next week's show could get really interesting, because I've heard Chris say something about how real estate prices could fall back to 2020 levels. In my opinion, that is so many levels of unlikely that happening is about as likely as your grocery bills falling back to 2020 levels. So we'll see it could turn into a debate next week with Christopher Whelan and I. He is a sharp, well informed guy that also used to work at the New York Fed. That's next week down the road, longtime and former co host of the real estate guys radio show, Russell gray will join us again here, and we'll see what he's been up to in his post real estate guys, radio life that's coming up in a few weeks. Lots of great future content here, monologs, yes, those slack jawed monologs For me, repeat guests and new guests joining in as well. Back to this week now, there's an intriguing and potentially lucrative investment that we've discussed on the show here before, and I do have a timely and crucial update about it. A little while back, I sat down with the teak operations principle when we were in New Orleans together. These are yes, those Panama teak tree plantations that so many of you have already invested in. Yes. So as it is here. I am an American in London today talking about teak trees in Panama and I interviewed our upcoming guest here when we were in New Orleans together, the teak investment has a long time horizon, because trees have to grow. There's also a low cost of entry and no loans available. This is a real estate investment. You can own the land with the title to it and the trees that grow on top of them. Historically, teak returns have been five and a half percent, which doesn't sound like much, but see it grows in board foot volume at the same time that the unit price grows. And if inflation runs high over the next 25 years, your return might be higher. But the reason that we're discussing this now is because the principal, Mike Cobb here meeting with me, he is going to mention a price, and this is key two weeks from today, on June 9, the price for the teak parcels increases substantially. I'll tell you about that shortly. So for GRE followers, you can get locked into the lower price for just two more weeks. Here's my chat from a little while back with the teak tree investment principle, and then I'll return to bring you more. Hey, did you know that you can own a quarter acre parcel of a producing teak plantation, you own the title to the land, and you get the growth in the trees. On top of that, this is something that you can do as an investor. And teak trees are a valuable hardwood that you own, typically in Central America. So there's a very low cost of entry to this investment, and that's what attracts a lot of people to it. And I am with Mike Cobb, the CEO. He's also the author of the new book how to buy your home overseas and get it right the first time. But Mike, a lot of people are interested in the teak investment because it is so approachable. Tell us about it. Give us a general overview. Mike Cobb 28:42 absolutely, you know, thanks for having me on. It's always nice to be with you. We're, we're having some fun here in New Orleans, which is terrific, you know, yeah, the teak plantation is something that I envisioned back in 1998 so what's that like 26 years ago? Right? And in 1999 we planted our very first 100 Acre teak plantation. Because what we thought about at the time, which has now proven true 25 years later, is that, you know, I was either going to need the money in 25 years and be really glad I did this, or I wasn't going to need the money in 25 years and I was going to be really glad I did this. You know what? I don't really need the money now, but I'm really glad I did this. And 25 years comes. And I think that's been really the challenge for a lot of people looking at teak. They're just like, ah, 25 years. It's too long, but 25 years comes. 25 years will come, and you can either have planted the trees and be ready to take this huge windfall of return, or you won't be getting a windfall return. So I think that's the challenge, the mental challenge, I think maybe an average investor has, but I know you work with superior investors because they're paying attention to what you're writing, they're watching your podcast, they're reading your newsletter. You have far superior investors than I would say, the average investor. So I think this is a great thing for folks to check out. Keith Weinhold 30:00 All right, so you're talking about the investment timeline, from the time a tea tree seed is planted until the harvest time that can feel like quite a while. You have been doing this over 25 years, and that is key when you as an investor go offshore or go overseas to have trust in a stable company that's been around for a long time. That's why, really, you're one of the few people that I work with who are outside of the United States real estate like the teak trees. Mike Cobb 30:25 Thank you. Yeah, we've been around for 31 years. I've been working in the region. 31 our development company is 28 years old. Our plantation is now 26 years old. 25 with the trees, but we bought the land 26 years ago. But the bottom line, you're right and and the other thing that we should care about. And you brought this up earlier, when we're kind of chatting, is country, what country are you planting trees in that you got to wait 25 years for them to mature and harvest? By the way, the Panama. By the way, Panama, and of all the countries in the region where I feel the most comfortable as an investor, Panama's yet, because Panama's got the canal. And I know people say, oh, yeah, that's right. It's a vital strategic US interest. It's a vital world interest. The Chinese care about it as much as we do. The Europeans care about it. Anybody who wants commerce to happen cares about that canal being open. And so you've got this country, Panama, that has the canal stable, economically stable, politically stable. And when starting to talk about 2550 7500, year time frames, because you own the land, you get the harvest in 25 years, you replant, and then your children get the next harvest, and your grandchildren get the next harvest. It is truly generational wealth. Stewardship Keith Weinhold 31:41 Panama is a little bit like investing overseas with training wheels on their well developed, first Central American nation. They even use the United States dollars. They do is that familiar? Absolutely well. But as the investors thinking about investing in teak plantations, just tell us about the properties of teak wood, of all wood types. Why teak? Tell us about the value there. Mike Cobb 32:00 Yeah, teak has been grown in plantations, starting with the British back about 400 years ago. And so you've got centuries of plantation growing of teak as a crop, right? And so you've got this incredible longevity of information and things like that. And I know some of the stats off the top of my head, since 1972 the average price of teak lumber has has risen about five and a half percent a year over a 52 year period. Talk about track record, centuries of growing as a crop, right? 52 years as a lumber commodity. Look, people been using it to make ships. Its hardness is its most valuable characteristic is an extremely hard wood. It's resistant to rot fungus, so it's used in outdoor furniture, for example, right? Some of the stuff on the Titanic they pulled up from the bottom of the ocean, you know, chairs made a teak, right? Teak. But ship builders fine furniture, outdoor furniture and and they're cutting teak down. This is so important, they are cutting teak down eight to 10 times faster than anybody in the world is replanting it. So just imagine what that does to supply and demand and prices based on just basic economics, right? Keith Weinhold 33:13 Yeah, that is some scarcity. That is a really good point. Tell us about what you're surely interested in. What do the investor returns look like. Mike Cobb 33:21 Yeah. So you know, to own one of these quarter acre parcels, by the way, you said it before you own the land, you get title to the land you own the trees. $6,880 that's your that's your entry. Gosh. So for less than $7,000 you own a quarter acre of teeth trees that in 25 years projected returns. We all projections right about $94,000 a little over $94,000 so 7000 turns into $90,000 over 25 years, harvest, plant the trees again, and in 25 years, your kids or your grandkids will get the next harvest, and so on and so on. It is a powerful generational wealth stewardship. In fact, right now we have what we call give the gift of teak because look, you know, you got kids, you got grandkids. What are you gonna get them? Right? I mean, they got everything they want, presumably, right? You buy them a teak parcel, right? Buy that kid, buy that grandkid, a teak parcel. What a cool idea. Oh my gosh, in 25 years, you might be gone, right, but they're gonna get this big windfall, and they're gonna thank grandma or grandpa, right for for thinking of them 25 years into the future? Keith Weinhold 34:27 Yeah? Oh, I love that. And you're so proud about what you do. You regularly offer investor tour so that they come and see the teak. But maybe you know, for you, the investor, you're wondering, okay, if you're used to investing in us real estate, you might be making two leaps here. You'd be going from residential real estate to agricultural, and you'd also be investing in a nation outside your home country. And when it comes to those sort of questions, I think any savvy investor asks, okay, what are the risks involved with this investment? Can you tell us about that? Mike Cobb 34:59 Yeah, sure. Look, you've got political risk, country risk, political risk, which, I think again, of all the countries in the region, Panama, dollar, economy, canal, safe, stable. So the political risk is minimal. It's there. It's real. You know, fire risk is an issue, right? Trees burn. The good thing about teak is that after about year three, they're up. And you keep them trimmed, trim all the low branches off. So fire risk really drops incredibly low after about year three or four. But ultimately, it's about professional management. We have a company called Heyo Forrestal that we hired 25 years ago, 26 years ago, actually, to help us find the land, do the analysis of the land, make sure it was good for teak. And when you hire professionals, you get professional results. I mean, we stayed with this company for 26 years now, and the guy that we met early on, a little forestry engineer, is now General Manager and partner in the business. So we've watched that business grow up alongside ours at the same time. Those relationships, you know, Dolly Parton and Kenny Rogers have a song you can't make old friends. So here we are with Jacobo and some of the Luis that we've worked with for, you know, 26 years, and the relationships matter, especially in that part of the world, but professionalism and professional management is the key, and you have that alongside the relationships. Both are important. Keith Weinhold 36:20 yes. So we're talking about how the property manager is such an important part of your team, and you think about your single family homes or your apartment buildings. And Mike here is talking about the importance of professional management, because teak trees need a little management and pruning, and sometimes there are thinnings which can give you some income so that you don't have to wait 25 years. Correct another way in which you might not have to wait 25 years for the full harvest cycle is at times you can buy trees that are, say, already seven years old, so you can only be waiting 18 years, or that are teens, so you might only be waiting 10 years, or some things about that, those are some of the options. But Mike, before I ask you if you have any last word, if you want to learn more about this, get some information, learn more about it, and learn how to connect with Mike's team. He is one of our GRE marketplace providers, and he's the owner of that company. You can do that at gre marketplace.com/teak, any last thing someone should know about teak before they consider investing? Mike? Mike Cobb 37:16 Yeah, well, two things you mentioned the tour. So we do run discovery tours. We have one coming up in January, end of January, two days, we go out to the plantation, the teenage teat plantation, by the way, oak, which is eight or nine more years to harvest. Then we're going to the sawmill, because all of our logs go through a sawmill to convert to lumber, which enhances the return to the investor. Keith Weinhold 37:36 Do the teens sleep until noon? Or can we visit them Mike Cobb 37:38 and then they're on their phones all day If we're gonna go visit them. We'll wake them up and, like, get on their phones. But here's, here's the last parting word. I think it's scary for a lot of people. It is scary. You're going overseas, you're outside of, you know, residential you're going into a new industry. You're going to a new country. The reason this works for so many people, over 1000 now, have done this, is it's such a small bite, $7,000 and if that's maybe one or 2% of your portfolio, what I hate to say, put it on the table and roll the dice, but you'll be happy you did. I'm happy I did. It's a small bite, but that international diversification is so important. And then you put it in something that's absolutely not correlated to the market. It's not correlated to us real estate. I mean, in 2008 to 2012 when real estate was dying in the US, our trees just kept growing. So non correlated, non US, right? And non residential. I think that's the reason you want to take a little tiny piece of your portfolio and put it overseas in something like teak. Keith Weinhold 38:42 We know over the long term that it has grown in value 5.5% a year, but at the same time, it grows in volume, in the amount of board fees you're getting a crease, an increase in both unit value and volume. It's really growing a couple ways. At the same time, you've had over 1000 different individual investors invest in the teak now, several dozen, maybe even more than 100 of those have been you the get rich education follower. So again, thanks for joining me, Mike. If you want to learn more, start at gre marketplace.com/teak. I'm Keith Weinhold. I'll see you next time. Yeah, good information from Mike there again for GRE followers, that 6880 price deadline is Monday, June 9, and then it goes to 8680, that is a 26% price increase, and this is because land and planting costs have skyrocketed. And you know, I have long wondered about when they were going to change that same lower price that they've had for a lot of years. The provider recently added a sawmill to convert logs to lumber, and that enhances investment returns. So when you inquire for more info, you can ask about that, and that could very well put them above the 94k per part. Possible projected payout. Teak, hardwood, it just has some amazing physical properties. It's not your run of the mill. Backyard. Maple, it is a real asset. Think of it as a forest that fights back against Fiat and the provider reputation and continuity are almost impeccable. They've even had the same forestry manager, yeah, sort of like a property manager for trees, because trees take things like prunings and thinnings, the same manager for all 26 years of the teak operation. In the future, I might join one of their teak investor tours in Panama, and if I do, I'll be sure to let you know so that we can meet up that might even be a GRE exclusive tour. What you really need to know now is that, again, the lower price is good until Monday, June 9, to get started or simply learn more, visit gre marketplace.com/teak, that's t, e, a, k, until next week, I'm your host. Keith Weinhold, don't quit your Daydream. Unknown Speaker 41:10 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively. Keith Weinhold 41:34 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access and it's got pay walls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter. You also get my one hour fast real estate video. Of course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text gre 266, 866, while it's on your mind, take a moment to do it right now. Text, GRE to 66866. The preceding program was brought to you by your home for wealth, building, getricheducation.com
This week we have part two of our interview with Laura the creator behind the fantastic Magical Mystery Church YT Channel. Laura goes over her research into how the New Age, Occult, and Doctrines of Demons have infested the Christian Church. She touches on NAR, Latter Rain, William Branham, Paula White and many, many more. Don't forget to check out part one if you haven't yet! Cheers and Blessings. Please Check Out Magical Mystery Church On YouTube http://www.youtube.com/@magicalmysterychurch3424Support My Work https://www.patreon.com/theoddmanoutBuy Me A Coffee! https://buymeacoffee.com/theoddmanoutVenmo Tips - @theoddmanoutCash App Tips - https://cash.app/$theoddmanoutT-shirts, Mugs and Stickers At Spring See Link For Discount - https://theoddmanout.creator-spring.com/Links https://linktr.ee/_theoddmanout
This episode of The Safety Series covers ways to help your remodeling clients protect both their physical and financial safety—while also maximizing their home renovation ROI. Host Tracey Hawkins and guests Brendon DeSimone and Blayne Pacelli discuss how real estate professionals can help their clients make smart home renovation decisions, which renovation mistakes to avoid, and vetting home contractors who can do the job right. They'll also explain how leveraging tools like NAR's Remodeling Impact Report can help you back up your advice with data. Meet the Guests: Brendon DeSimone is an agent at Compass Connecticut in Greenwich, Conn. He's also a real estate investor and has bought and sold dozens of homes across multiple major markets. DeSimone was a top-producing agent in San Francisco before moving to the East Coast to sell real estate in New York and then Connecticut. Blayne Pacelli is an agent with Rodeo Realty in the Los Angeles area. With more than 20 years of experience in real estate, Pacelli has extensive experience working with clients on presale renovations and other value-driven remodeling projects. He is an avid sports fan whose passion is snowboarding.
Nuevo especial "Pixeles y Letras", en el que charlamos con Juan Albarracín, director de "El instinto", película que llega a los cines el 16 de mayo. En "El instinto", opera prima del director y escritor lorquino Juan Albarracín, Abel (Javier Pereira) es un arquitecto cuya carrera está en grave peligro debido a la agorafobia que padece. En el estudio le dan un ultimátum para que trabaje de forma presencial, como quieren los clientes. El tratamiento psicológico que lleva a cabo no le da resultados y a lo único que puede agarrarse es a la oferta que le hace Jose (Fernando Cayo), un experto adiestrador de perros. Abel debe decidir entre rechazar la oferta y poner fin a su prometedora carrera o aceptar y someterse al tratamiento del adiestrador canino. Tras su exitoso paso por diferentes festivales: PREMIO ABYCINE INDIE 2024; Mejor película sección Being Different + Mejor Guión + Premio del Publico en el TerrorMolins; Mejor guión + Mejor Actor ex-aequo Javier Pereira y Fernando Cayo en el la IX edición del Cine Fantástico Europeo de Murcia. ¿Dónde ver la película en cines? Os dejamos, a continuación las salas donde se podrá "El instinto" ÁLAVA Vitoria – Cines Florida ALICANTE Elche – Cines ABC Sant Joan d'Alacant – Cines Aana Sant Joan ALMERÍA Roquetas de Mar – Cine Yelmo Gran Plaza ASTURIAS Gijón – Cine Yelmo Ocimax Trasona – Odeon Multicines BADAJOZ Badajoz – MK2 Conquistadores BARCELONA Barcelona – Cine Yelmo Westfield La Maquinista Vilanova i la Geltrú – Odeon Multicines Vilanova CÁDIZ Cádiz – Artesiete Bahía Los Barrios – Odeon Multicines Bahía Plaza CÓRDOBA Córdoba – MK2 Multicines El Tablero GRANADA Granada – Megarama Granada GUIPÚZCOA San Sebastián – Cines Príncipe ISLAS BALEARES Mahón – Ocimax Mahón Mallorca – Ocimax Mallorca LA CORUÑA Narón – Narón Odeón Santiago de Compostela – Cines Compostela LLEIDA Alpicat – Cinemes MADRID Leganés – Odeon Multicines Sambil Madrid – MK2 Cine Paz Madrid – MK2 Palacio de Hielo Rivas – Cine Yelmo Rivas H2O Villa del Prado – Cines Villa MÁLAGA Málaga – Cine Yelmo Plaza Mayor MURCIA Águilas – Multicines El Hornillo Cartagena – Neocine Mandarache Lorca – Cines Almenara Molina de Segura – Neocine Vegaplaza Murcia – Neocine Thader NAVARRA Pamplona – Golem La Morea OURENSE Ourense – Cines Ponte Vella PONTEVEDRA Pontevedra – Cinexpo Vigo – Multicines Norte Vigo – Cines Tamberlick Plaza Elíptica SEVILLA Sevilla – MK2 Nervión Plaza TOLEDO Toledo – MK2 Luz del Tajo VALENCIA Gandía – Cine ABC Gandía Valencia – Cines ABC Park Xirivella – Cines ABC Gran Turia VALLADOLID Valladolid – Cines Broadway VIZCAYA Bilbao – Multicines 7
A Asociación Cultural Vai Rañala Meu! organiza este sábado 17 de maio en Sedes, Narón, unha xornada festiva e cultural con motivo do Día das Letras Galegas, adicado este ano á poesía popular oral e ás cantareiras de Mens. O evento, denominado "Maios das Letras", terá lugar no Centro Cívico de Sedes e contará con actividades para todas as idades. A programación comezará ás 12:30 h cun Festival de Cantareiras, no que actuarán os grupos Algarabía de Lago, As Calduperias e as Cantareiras de Sedes. A continuación, ás 14:00 h, celebrarase un xantar popular cunha paellada aberta a toda a veciñanza. Pola tarde, ás 16:00 h, proxectarase o documental "Lévame a idea", presentado pola súa directora Laura Varela, que rende homenaxe ás mulleres que preservaron a tradición oral galega. Como colofón, a partir das 17:30 h, terá lugar unha foliada libre, onde todos están invitados a participar con instrumentos, voz e baile. A xornada está organizada coa colaboración da Área de Cultura da Deputación da Coruña, e promete ser un encontro de convivencia, música e memoria cultural.
SHOW NOTES: Get ready for summer with water-saving solutions and outdoor living tips! Discover new plumbing fixtures to effortlessly reduce water usage, hear the NAR and NARI 2025 Remodeling report, and get top picks for lawnmowers. Whatever your home improvement project may be, listen in for all the advice you need! - Saving Water: Saving water is made easier with water-saving plumbing fixtures. - Remodeling: Find out which remodeling projects bring homeowners the greatest joy. - Lawn Mowers: New rankings reveal the best lawnmowers that make the cut with Consumer Reports. Q & A: - Windows: Brad likes the look of his old windows, but he needs advice for either having them repaired or installing replacement windows. - Pool: Dorothy finds out the steps involved in having an inground pool removed and getting the space filled in. - Ceiling: What material should Bryce use to replace the damaged wallboard in his bathroom ceiling? He can put water-resistant greenboard right over the existing drywall. - Skylights: Will the light from a tubular skylight interfere with viewing TV in the daytime? Ginny shouldn't have any problems from the diffused overhead light. - Roofing: The old tar is cracking around the outside edges of Pete's patio roof. It doesn't seem like a good idea to patch the tar, and we recommend replacing the roof. - Flooring: Robin is scraping up old carpet glue and wants to install vinyl plank flooring. If the flooring planks are rigid enough, they shouldn't show any remaining lumps. - Ventilation: Conrad is thinking of putting a solar-powered attic fan over the garage, but an attic fan is not a good idea if it will pull air from any living space and out through the attic. ASK A QUESTION: Need help with your own home improvement or décor question? We'd love to help! Call the show 24/7 at 888-MONEY-PIT (888-666-3974) or post your question here: https://www.moneypit.com/ask. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Have you ever heard the term New Apostolic Reformation or NAR? Over the last 20 years or so, it has become the predominant form of false doctrine in Protestant American evangelicalism, and you've probably encountered it in some way, even if you don't know what it's called. Today, we’re taking a look at the NAR’s […]
Predstavte si ten moment: kľúče od vášho nového bytu už máte v rukách a rozmýšľate ako si nový byt zariadite... Ale ste si istí, že ste na obhliadke nič neprehliadli? Či niekde nečíha skrytý problém, ktorý vás môže stáť peniaze aj nervy? V podcaste Nehnuteľnosti.sk sme sa rozprávali o tom, na čo si dať pozor pri kúpe bytu s realitným maklérom Lukášom Machotkom z 1. BCR Reality.Ľudia sa často zabúdajú finančne pripraviť na kúpu nehnuteľnostiKúpa nehnuteľnosti patrí často medzi najväčšie rozhodnutie v našom živote, ktoré nás prostredníctvom hypotéky zaviaže k 30 rokom splácania. Aj napriek tomu veľakrát ideme do tohto rozhodnutia finančne nepripravení. „Najčastejšia chyba je finančné neplánovanie a finančné precenenie. Ľudia častokrát idú na úplnú hranu s tým, že nemajú vypočítaný nejaký plán, či už na pol roka alebo rok dopredu. Čiže veľakrát tam môže potom nastať nejaké prekvapenie. Narážam na to presne z toho dôvodu, niekedy v rokoch 2017-2018 riadne si ľudia kupovali nehnuteľnosti, ktoré veľakrát ani nemali na rezervačný poplatok. Čiže prichádzame k tomu, že to finančné plánovanie, tak aby ste sa v budúcnosti z dlhodobého hľadiska nedostali do nejakého stresu, je podľa mňa najväčšia chyba, keď to človek podcení,“ hovorí o svojich skúsenostiach v podcaste Nehnuteľnosti.sk realitný odborník Lukáš Machotka z 1. BCR Reality.Medzi ďalšie chyby, ktoré si často pri kúpe nehnuteľnosti neuvedomujeme, sú napríklad unáhlené rozhodnutia alebo konanie pod nejakým tlakom či emóciami. „Ďalej to môže byť výber možno nejakej zlej nehnuteľnosti z pohľadu lokality či stavu. Človek môže naraziť na niektoré chyby, ktoré tam môžu vyskočiť a neskôr to môže oľutovať. Predsa len nekupujeme si bicykel, ale kupujeme si nehnuteľnosť, ktorú budeme častokrát splácať do konca života. Takúto transakciu reálne urobíte raz, dvakrát, trikrát za život. Čiže je naozaj dôležité sa zamyslieť nad tým, ako sa vyhnúť chybám pri kúpe nehnuteľnosti,“ upozorňuje Machotka.Odpovedzte si na otázku: Akú situáciu kúpou nehnuteľnosti vlastne riešim?Budem v novom byte či dome bývať do konca života alebo ide o prechodnú nehnuteľnosť, v ktorej budem prvých 5 rokov a potom ju začnem prenajímať? To je prvá otázka, ktorú si treba podľa Machotku zodpovedať ešte pred hľadaním nehnuteľnosti. „V druhom bode je oslovenie finančného alebo hypotekárneho špecialistu, ktorý si s vami prejde váš finančný plán a najmä vaše finančné možnosti. Do akej výšky viem vyskakovať? A s tým je spojené stanovenie si nejakého rozpočtu. Následne má človek nejaký rozpočet, nejaké financovanie, podľa ktorého vie, čo si môže dovoliť. A následne si otvorí napríklad portál Nehnuteľnosti.sk a začne si vyhľadávať podľa nejakých svojich prvotných požiadaviek alebo vlastností, že akoby mala tá nehnuteľnosť vyzerať a čo by mala mať.“Veľakrát v tomto bode prichádza u mnohých hľadajúcich prebudenie a vytriezvenie, pretože si často predstavujú „za málo peňazí veľa muziky“. „Vďaka tomu si potom človek spraví nejaký prieskum, ktorý ho nastaví na to, že možno pôjdem na úkor lokality, ale budem mať lepší byt. Alebo pôjdem do lepšej lokality, ale mať možno horší stav bytu. Jednoducho sa kupujúcemu otvorí obzor, že akým smerom bude musieť ísť. A následne potom už len začne dohadovať obhliadky, čo ho tiež dostane do reality, pokiaľ samozrejme už predtým nekupoval nehnuteľnosti,“ vysvetľuje Machotka.V podcaste sa dozviete aj:● aké najčastejšie chyby robia ľudia pred hľadaním nehnuteľnosti,● či je dôležitejší výber lokality alebo stav v akom je nehnuteľnosť,● aké nečakané výdavky nás môžu čakať okrem samotnej ceny...
Send us a textSummer Goralick is a compliance expert in the real estate industry. Summer and I discuss the importance of empowering investigators and regulators in the real estate industry, the proactive approach needed by real estate commissions, and the complexities surrounding private listings and fiduciary duties. We also discuss the recent challenges facing the industry, including the NAR settlement, broker compensation issues, and the impact of private listing networks. The conversation emphasizes the need for transparency, compliance, and a unified approach to consumer protection in real estate practices. Don't forget to like us and share us!Gary* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.
This week marks the 200th anniversary of The Odd Man Out and features a very special guest, the creator behind the fantastic Magical Mystery Church YT Channel. Laura goes over her research into how the New Age, Occult and Doctrines of Demons have infested the Christian Church. She touches on NAR, Latter Rain, William Branham, Paula White and many, many more. Check out part one and look for the second half very soon! Cheers and Blessings!Please Check Out Magical Mystery Church On YouTube: http://www.youtube.com/@magicalmysterychurch3424Support My Work: https://www.patreon.com/theoddmanoutBuy Me A Coffee!: https://buymeacoffee.com/theoddmanoutVenmo Tips: @theoddmanout Cash App Tips: https://cash.app/$theoddmanout T-shirts, Mugs and Stickers At Spring: https://theoddmanout.creator-spring.com/Links: https://linktr.ee/_theoddmanout OddmanRumble: https://rumble.com/user/TheOddManOut
Jason has a conversation with George Maynes, co-team leader of the G2 Philly Team out of the Society Hill Office about what it takes to stay consistent and systematic in your business, how to properly stay in "flow" with your people, how authentic community involvement grows lasting business relationships, and how to drive social media engagement that works. Make sure to check it out!
Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. ******************* Let's Do This. Join Tim & Julie Harris for a FREE Online Mastermind and discover how top agents are crushing the 3 biggest challenges in today's market. No fluff. All action. Real solutions you can use NOW.
An ALTM Rewind! This is one of my most popular episodes, so enjoy! xo----This week Jamie chats with Zari Ballard, author, narcissist abuse recovery coach, and founder of NAR support blog. They chat about Jamie's recent/first real experience with a narcissist, the cycle/pattern of of narc abuse, signs to look out for when dating, boundaries to set, love bombing, who they target, the narc discard and hoovering, narcissistic injury, the grief that comes after a narc discard, the new supply, and SO MUCH MORE. Plus, Jamie talks about why she still holds the "fuck around and find out" title, LOL.If you have been a victim of narcisstic abuse OR if you're single and dating, this episode is an absolute must-listen.Follow along on IG: @itsJamieStone and @ALittleTooMuchPodcastThank you for taking a minute to rate, review and subscribe! xo Hosted on Acast. See acast.com/privacy for more information.
This month on the Advocacy Scoop podcast, we're celebrating one year of delivering real estate policy insights straight from the source. In this special anniversary episode of the NAR podcast, hosts Shannon and Patrick reveal the results of an exclusive new poll commissioned by NAR, focused on key tax reform issues impacting REALTORS®. From the SALT deduction to the mortgage interest deduction (MID), they break down what the data shows and how NAR's advocacy efforts are using these insights to drive change on Capitol Hill. Plus, get a preview of the upcoming REALTOR® Legislative Meetings in Washington, D.C., where thousands of members will advocate for the profession through bold, effective policy action.
As Fair Housing Month comes to a close, we sat down with Alexia Smokler from NAR to discuss the progress we've made, the challenges that remain, and the real impact fair housing has on our industry and communities. Don't miss this important conversation on what it means to be a REALTOR® committed to equity and access for all. Bias Override Fair Housing Sign up for Free Industry News Subscriptions for HAR Members here- https://www.harconnect.com/free-industry-news-subscriptions-for-har-members/ Are you an HAR MLS Platinum Subscriber? Join our Facebook Group! Click to join. Sign Up for your free Real Estate News Subscription here. Sign up for your free Inman Select Subscription here. Follow us on Facebook, Twitter, Instagram, YouTube , and LinkedIn.
0:24 - So, it's 2025. I know. I have NO idea why my brain said 2023 and I said it. None. ¯_(ツ)_/¯ This week on tWiRE: This Week in Real Estate, lawsuits, legislation, and market turbulence take center stage. Compass has launched a legal missile at the Northwest MLS, dragging Windermere into the crossfire—claiming the cost of “waging war” is weighing them down. Meanwhile, a Texas Senate bill is aiming to dismantle NAR's controversial hate speech policy, igniting a fresh political battle in the real estate world. Vrbo gets slammed over a misleading Super Bowl ad after a complaint by Airbnb, proving that in the short-term rental wars, no move goes unchecked. On the market side, homebuyer mortgage demand continues to dip amid mounting economic uncertainty, even as mortgage rates ease slightly. Sellers still want $39,000 more than buyers are willing to pay, and home prices are now falling in 11 of the 50 largest U.S. metros—especially in parts of Florida, Texas, and the Bay Area. But it's not all doom and gloom: pending home sales spiked 6.1% in March, hinting at a potential wave of pent-up demand. And in Houston, the legendary “Darth Vader House” finally sold for $3.4 million—set for a villain-to-visionary rebrand.
With the rising pressure on self-proclaiming apostles and prophets in exposing the New Apostolic Reformation, claims from said leaders are coming out that they do not know what the NAR is. However, they are quick to tell their followers all about it, calling it propaganda and an assault on the restoration of the five fold ministry. Additionally, alleged prophetic words have been released concerning the rise of the accuser of the brethren amidst spiritual leaders. What are we to make of this? Join me as we look at Jeremiah Johnson and his latest video exposing the NAR, and we also consider his prophetic word of the rise of fault finding demons and the accuser of the brethren. Resources:NAR Deniers:https://youtu.be/iLfxFct8EJA?si=J5otkaJ-ygVrlWPCAmerican Gospel Roundtable Deep Dive:Part 1: https://youtu.be/cHRLGQ_chj0?si=h_B_OKpPYPrRdz4FPart 2: https://youtu.be/lG1n1SvENMU?si=Si3ZuJiyThx8lojWPart 3: https://youtu.be/9ESygzCRgKk?si=x_wpuWvjJfBIJTbAPlan B/Open Theism: https://youtu.be/_wHg2Uu1Ges?si=7xLukjYhsRNbsBaZMy info:Website: http://www.lovesickscribe.comSubscribe to my blog here: http://eepurl.com/dfZ-uHInstagram: https://www.instagram.com/lovesickscribe/Facebook: https://www.facebook.com/lovesickscribeblog
Meet Super Agent Joe Stike, a rising star who joined the team and hit the ground running — closing 2 homes in just 30 days! In this interview, Joe breaks down exactly what's working for him in today's real estate market — from relentless outbound communication and follow-up strategies, to securing buyer agency agreements and staying compliant with NAR changes. ✅ Learn how he uses texts, emails, and drip campaigns to stay top of mind ✅ Hear how he builds rapport with clients and gets in front of them fast ✅ Discover his mindset hacks for staying persistent and productive ✅ See what daily habits keep him ready for action (even from his truck!) Whether you're a new agent or a veteran trying to break out of a rut, this video is packed with actionable advice and real-world tactics.
Highlights * Clear Cooperation Policy mandates full MLS submission for transparency. * Compass and others may be sidestepping the rules, causing inequities. * DOJ continues investigation into NAR and industry monopolies. * New “delayed marketing exempt” listings stir concern. * Zillow's market power sparks frustration among agents. * A national MLS may level the playing field. * Agents urged to own niche markets Zillow can't dominate.
Join us this week on the Atlanta REALTORS® Rundown with host Andy Payne and our very special guest, Dr. Jessica Lautz! Jessica, NAR's Deputy Chief Economist and Vice President of Research, joined us in Atlanta for the 2025 Real Estate Outlook back in February. Tune in as she shares her expert insights on the national market and what's happening right here in Atlanta. This is an episode you don't want to miss!
In this episode of The Chicagoland Guide, Aaron Masliansky is joined by Nadia Evangelou, Senior Economist and Director of Real Estate Research at the National Association of Realtors®. They explore how global trade dynamics, tariffs, and macroeconomic shifts are impacting the U.S. housing market — and what that means for Chicagoland.Nadia shares insights from her latest research, including a closer look at which U.S. states are most reliant on exports and imports and how trade exposure influences job growth and home prices. They also discuss trends in interest rates, inflation, immigration, remote work, and foreign investment — and what signals to watch for in 2025 and beyond.Key topics:How tariffs affect construction costs and home affordabilityWhy Illinois and Chicagoland are highly exposed to global trade shiftsWhere mortgage rates might head by the end of 2025The growing importance of inventory and affordability for first-time buyersRemote work, office absorption, and what's next for downtown real estateHow changing immigration and foreign investment patterns could influence the housing marketOpportunities in the Chicago area condo marketResources mentioned:Nadia's NAR profile and articles: https://www.nar.realtor/nadia-evangelouBlog article discussed: https://www.nar.realtor/blogs/economists-outlook/which-states-rely-most-on-exports-and-imports-a-closer-look-at-the-numbers-behind-tradeConnect with Nadia on LinkedIn: https://www.linkedin.com/in/nadiaevangelou/ and Instagram: https://www.instagram.com/nadioula/Follow The Chicagoland Guide:Instagram: https://www.instagram.com/thechicagolandguide_/Facebook: https://www.facebook.com/thechicagolandguidenewThanks for listening! If you enjoyed this episode, please subscribe and leave a review. Thank you for listening to The Chicagoland Guide!For more insights into the best places to live, work, and explore in Chicagoland, visit thechicagolandguide.com. Connect with us on social media for more updates and behind-the-scenes content. If you have any questions or want to share your own Chicagoland stories, feel free to reach out! Don't forget to subscribe and leave a review if you enjoyed this episode.
Thráin escapes the Balrog in Moria and establishes Erebor; Sara can't escape Alan and the PPP quite yet, despite her best efforts. Join The Man of the West and The Shieldmaiden of Rohan as we begin a five-part look at the Dwarves, starting with two episodes on Appendix A III to The Lord of the Rings on Durin's Folk. Durin the Deathless lived a very long time, but still managed to die - for now; the Balrog drives Durin's Folk out of Moria — there were people runnin' everywhere, tryin' to run from the destruction; and Azog signs his own death certificate: on Thráin's forehead. Alan and Sara wonder how new baby Durins are recognized, ask if cold drakes have air conditioning, and salute Azog for not using Comic Sans MS. Also, Nar the pirate dwarf from Somerset shows up. Learn more about your ad choices. Visit megaphone.fm/adchoices
What is a worldview, and how does it shape everything you believe and do? This week, Dr. Brady Blevins, Senior Apologist at Watchman Fellowship, joins Frank to talk about his brand new course, 'Conversations with the Faiths: Worldviews', which explores the four major groups of worldviews and equips Christians to evangelize those caught in false ideologies and protect Christian churches against modern heresy. In this episode, Frank and Brady will tackle questions like:What are the four major worldviews and why is understanding their differences so important?What's the best approach when someone in your life adopts a worldview that isn't true?Which worldview is taking the lead in our culture today?How do cults and movements like Word of Faith, NAR (the New Apostolic Reformation), and Progressive Christianity subtly twist Scripture and infiltrate the Church?What are the main characteristics of a cult and how do the four functions of math help us spot cults and other false worldviews?What is a great parenting tool that can help kids become more discerning without sounding preachy?Frank and Brady also examine how some of today's most popular teachings deviate from biblical Christianity and you'll hear real-world examples of false teachers and movements that are shaping minds inside and outside the Church. If you want to be equipped to defend truth and help others find it, be sure to check out Brady's new course: 'Conversations with the Faiths: Worldviews'!Resources mentioned during the episode:Brady's website: https://www.watchman.org/Brady's course: https://bit.ly/42It8kWBrave Books: https://bravebooks.us/
The REALTOR® organization's strength lies in how the local, state and national levels work together to amplify advocacy, streamline ethics enforcement and enhance member resources. In this episode, recorded live at the AE Institute, Drive with NAR podcast host Marki Lemons Ryhal speaks with NAR President Kevin Sears, Senior Vice President of Industry Relations Jarrod Grasso and Denver Metro Association of REALTORS® CEO Brendan Bailey. Learn how this collaborative structure ensures a unified REALTOR® voice, protects consumers and can help your business succeed. Meet the Guests... Kevin Sears, a 30-year real estate veteran from Springfield, Massachusetts, is the 2025 President of the National Association of REALTORS®. He is a Broker-Associate with Lamacchia Realty. Jarrod Grasso is the Senior Vice President of Industry Relations at the National Association of REALTORS®. Before his current role, Jarrod served as Chief Executive Officer of the New Jersey REALTORS® for nearly 17 years. Brendan Bailey is the CEO of the Denver Metro Association of REALTORS®, with nearly a decade of public affairs, advocacy and real estate industry experience. He was named Vice Chair of NAR's Association Executives Institute Advisory Board in 2023.
Young and impressionable, Susan was drawn to the creative and spiritual environment of a church called the International House of Prayer in Kansas City (IHOPKC). She was soon courted by leadership and then isolated her through "special mentoring," with claims that God revealed the IHOP leaders her unique spiritual destiny. The philosophy its pastor, Mike Bickle, and ultimately the New Apostolic Reformation made questioning leadership equivalent to questioning God himself. Unlike Bickle, John Wimber of The Vineyard Movement established accountability structures and rejected many NAR excesses. Susan finally begins to question the teachings. Part One of Two.Paul Martin is a former pastor who works as a human rights advocate. He holds undergraduate and graduate degrees in philosophy from UCLA and Talbot School of Theology at Biola University.The Wolves is for those interested in religion, Jesus, or the psychology around power abuse. It is also for survivors of trauma, including spiritual abuse. Covering current cases of abuse in the church today, The Wolves will highlight the sinister paradox of those who display sincerity, conviction, and knowledge and who can even claim to hear the very voice of God himself, YET at the very same time abuse they claim to love.For information, visit www.thewolvespodcast.comContact Paul Martin at paul@paulmartin.org
Send us a textIn this episode of Dishin' Dirt, I discuss the recent controversies surrounding Private Listing Networks (PLNs) in the real estate industry. I examine the negative implications of PLNs on market transparency and consumer choice, while showing how the PLN primarily serve brokerage interests rather than those of sellers. Plus, breaking bad news from Britian that needs addressing immediately. Don't forget to like us and share us!Gary* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.
Zillow, Compass, and NAR are shaking up the real estate world. Are you ready for what's next? This episode breaks down what agents must know. In this timely and thought-provoking episode of Social Genius Coaching, Tristan Ahumada teams up with Jeff Pfitzer to tackle the hottest real estate issues of 2025. From the rising influence of Zillow and Compass to the controversial Clear Cooperation Policy (CCP), no topic is off-limits. Here's what to expect: A deep dive into the Clear Cooperation Policy (CCP): what it is, how it started, and why it's making waves. Insight into Zillow's dominance and Compass's growth, and how they're changing the listing game. The legal and ethical storm around restricted listing exposure and delayed marketing. Why the Department of Justice is now paying attention to how homes are marketed. Tips on how real estate agents can win in niche markets and stand out against big platforms. Predictions on the future of MLS and NAR policies, and how they might impact your business next year. This isn't just an industry update. It's a masterclass in strategy, survival, and standing strong in a fast-evolving market. Stay informed. Stay competitive. Stay ahead. Subscribe to Social Genius Coaching for more expert-led episodes, and don't forget to leave a review if you found this episode helpful.
This week on tWiRE – This Week in Real Estate, we're diving into a storm of high-stakes decisions and shifting market dynamics:
Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. It's ALL Happening NOW—Exclusive Tim & Julie Harris Mastermind—Grab Your Spot! Some agents are making 2025 their BEST year ever—deals are flying. Others? Not so much. It's 2025—where are your closings? Don't let this week pass without a plan to win! Top agents are stacking listings and buyers this week—meanwhile, others see deals vanish. Listings stall, buyers ghost, and commissions slip to competitors. Join the Tim & Julie Harris Mastermind Webinar in the next few days—a no-BS session where coaches behind BILLIONS in sales reveal the 3 threats killing deals and how to CRUSH them. You'll Get Secrets to Win Big: A deal-closing playbook for THIS market. Tactics to steal listings from competitors. Confidence to stack wins while others stall. “Tim & Julie's playbook tripled my listings!” – Mike R., Top Agent. Hurry! Only 177 spots left for THIS WEEK'S session—miss it, and you're scrambling all season. Thousands of agents trust Tim & Julie to transform their game. Register by Wednesday at midnight! Grab Your Spot Before the Deadline! CLICK HERE TO CLAIM YOUR 'SEAT' FOR THE MASTERMIND.
Jason welcomes back to the podcast Bob Kelley, team leader of the Bob Kelley Team from our Blue Bell office to disucss scaling your team successfully as you grow. From the importance of finding personalities that fit your team's vision, leaning into your team member's strengths, being systemactic in your approach to help team grow, Bob and Jason cover this and more in this week's podcast!
Send us a textZillow's bold stance against NAR's new policy allowing limited public marketing. Plus, answers to the toughest questions REALTORS® have raised over the past six months about navigating the new broker compensation rules.4.5
We review a discussion about the NAR movement and the seven mountains mandate.
What does it take to go from family auctions to becoming a NAR 30 Under 30 real estate star? In this episode, Logan Gratz is here to uncover his journey from growing up in an auctioneering family to building a thriving real estate business. Logan shares how relationship-building, community involvement, and leveraging family expertise helped him earn trust early on. He dives into team dynamics, buyer behavior, open houses, development challenges, and the keys to navigating inspections and appraisals. If you want real-world strategies from one of the industry's rising stars, this episode is a must-listen! Tune in now! Related Links and Resources: Follow Logan Gratz on Instagram Follow Logan Gratz on Facebook Follow Call Gratz on Instagram Check out the Call Gratz Website Follow Sara Denig on Instagram Follow Christina Leavenworth on Instagram Follow Aaron Amuchastegui on Instagram Get Hundreds of FREE Real Estate Tools From the Toolbox
The Legal Department talks about a recent NAR update to their Clear Cooperation Policy. Have Fair Housing questions? Sign up for Jon's live webinar, “Current Fair Housing Issues & Answers” on April 16th at 2PM. Click here to sign up > https://learn.virginiarealtors.org/webinars
Keith introduces the three types of freedom: time freedom, money freedom, and location freedom, and how real estate investing can provide all three. He is joined by special guest, Loral Langemeier, a global wealth expert, who shares her journey from a $25,000 investment to becoming a millionaire through real estate and mentorship. Debt is Not Negative: Loral emphasized that debt is simply the cost of money and can be a positive tool when used responsibly. Tax Strategies for Wealth Building: She introduced the "tax trifecta" - understanding how you make money, how to activate tax code deductions, and how to invest in alternatives like real estate to reduce taxes. Active Engagement and Mentorship: Loral stressed the importance of actively engaging in your wealth-building journey, getting the right mentors, and continuously learning. She believes the difference between those who succeed and those who struggle is their level of active participation and willingness to learn from experts. Resources: Ask questions and make requests at AskLoral.com to receive free tickets, ebooks, and other resources. Show Notes: GetRichEducation.com/549 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, it's the first time that we have a certain legacy finance personality on the show. We're talking about how you can cultivate your own personal wealth mindset, how to creatively add value to your real estate and how to put your kids to work for big tax deductions and more. Today on get rich education. Since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold writes for both Forbes and Rich Dad advisors, who delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show, guess who? Top Selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with the get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:12 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:28 Welcome to GRE from the second state of Pennsylvania to the second to last State of Alaska and across 188 nations worldwide. I'm Keith weinholding. You are back for another wealth building week. This is get rich education, and coincidentally, they are the two states where I've lived my life. Every single one of us has a gap in our lives. There is a gap between who you are and who you could be. And today, my guest and I will talk about this some more. Look, there are people who should already be financially free, but they're not. Their residual income could exceed their expenses by now, yet they aren't financially free. It's not because they're lazy, it's not because they're stupid, it's because they're stuck in one of these three traps. Number one, they're working harder instead of smarter. Number two, they're playing small instead of playing to win, which is like paying off low interest rate debt instead of keeping their own money, like I discussed last week, or thirdly, investing in all the wrong things, or not investing at all. And the worst part is that these people don't even realize that they're doing it. Most people aren't even cognizant. They don't have any awareness of the gap. You're not going to make progress on closing a gap that you don't know exists, you've got no chance of hitting a bull's eye when you're aiming at the wrong target. And I think it helps to develop a structure in your life where you have to tell yourself, I better do a good job here, or else. Yeah, it's the or else part that's a motivator. Now, some people won't extrapolate that mantra beyond the workplace. The number one thing that keeps employees showing up at work is fear. They tell themselves, I better show up at work on time, or else, I better do a good job on this project, or else I better give a great sales presentation. Or else. Now that's all well and fine, but to close the gap between who you are and who you could be, tell yourself something on a higher level, like I had better get some residual income outside of work, or else I'm going to stay stuck in a soulless job forever, and I'll never get that time back. So you've got to set up the right for else consequence for yourself. And then, yeah, of course, there are smaller ones like, I better avoid eating kettle chips, or else I'll gain weight. Let's be mindful that there are three types of freedom. You've got three types time freedom, money freedom and location freedom. Real Estate Investing gives you all three. You can make an unlimited income. There's the money freedom part. You can remotely manage your property managers from anywhere. There's your location. Freedom. And since you're not directly responding to your tenant, your property manager is, well, there's your time, freedom, you've got a buffer from emergencies, once you get this dialed in, and it does take a few years, oh, now you've got the time freedom, the money freedom and the location freedom. What do you want to avoid only making a big income? It was recently reported that Wall Street bonuses were way up this past year. Okay, yeah, but how happy are those finance worker Manhattanites who wear an iron pressed button down shirt and a Patagonia vest for 14 hours a day. That's not time freedom for sure, and it isn't location freedom either, unless it's 100% work from anywhere. You know, in my life, I recently got a great reminder of this. It really hit me. I have this close friend. He was the valedictorian of our high school class. I think I brought him up before. He's still a tight friend. I mean, sometimes we go on vacations together. Well, we have a high school class reunion back in Pennsylvania this summer, and among him and our other like, closest group of friends, my tightest guys, I'm always encouraging everyone to, hey, spend at least a week together, because we can't all get together like this that often, and because I have the time freedom to kind of suggest that and even push for that. Well, my valedictorian friend, he is a surgeon in St Louis, and among this tightest knit group of friends, he's the only one that cannot get the week off so that we can all hang out together more after the reunion. Instead, he can only get three or four days. He's got to get back to work as a surgeon in St Louis. Now, I'm sure he's compensated really well, and he doesn't live a bad life, but as a surgeon, you know, it's just become blatantly obvious that he doesn't have either the time freedom or the location freedom. Yet I do as a remote real estate investor, even though it's not something that I studied in college, but my valedictorian surgeon friend, you know, he had a long educational path, you know, undergrad and med school and residency and a ton of training and all these years tied up in his medical education. Therefore, you know, sometimes when people do that, they feel obligated, like that's what they should do, that's what they have to do, because he's already put so much into it. But he only has one of the three types of freedom. And no matter what you went to school for, if you find out about something better, like a great business idea or remote real estate investing, you've got to consider pivoting into that and go into that if it makes sense for you, the world changes. It keeps getting faster, and you've got to change with it. So obtaining financial freedom through real estate helps you deal with an external locus of control issue where life is constantly happening to you, rather than something you can influence. When you're an employee, life happens to you more often than when you're the one pushing the buttons, when you control the three freedoms now, you are narrowing that gap between who you are and who you could be. I didn't mention it previously. Two weeks ago, I brought you the show from Las Vegas, Nevada, last week, from just outside Colorado Springs. And today I'm here in Anchorage, Alaska, where I'll be for a few weeks before heading to London, England, and then from there, on to Scotland. I plan to visit the former home of the father of economics when I'm in Edinburgh, Scotland, of course, that is Adam Smith, the author of The Wealth of Nations. I might tell you more about that at that time. Before we bring in our guest this week, a quarter recently ended. Here is our asset class rundown. The NAR reported that the median sale price of an existing home rose 3.8% year over year in February, marking the 20th straight month that sale prices increased year over year. Mortgage rates fell from 6.9% to 6.6 per Freddie Mac this is all year to date. Q1, the S, p5, 100 was down four and a half percent. The NASDAQ down 10 and a half percent. That's officially correction territory, as those tariff years dominated. The quarter interest rates of all kinds are a little lower yield on the 10 year, Tino falling from 4.6 to 4.2 despite inflation concerns, inflation hovering just under 3% for most of the quarter, Bitcoin down 12% oil is still super cheap, beginning the quarter where it ended near 70 bucks. Gold has been the star performer this year. Are up 17% just in the quarter, and for the first time in history, has searched the over $3,000 an ounce, its best quarter since 1986 in fact, this century, gold has now outperformed the S, p5 100 by two and a half times. Just incredible. There's our asset class rundown. Let's speak with this week's guest. This week's guest has been a long time, prominent, well known name, perhaps even a household name. She is a global wealth expert, six time New York Times, best selling author, and today, she runs integrated wealth systems and other alternative asset platforms since 1996 she's been involved in multiple areas of finance, mentoring, real estate investment, business development and gas and oil. And much like me, she teaches people her strategies on how to make money, invest money and keep money, but together, you and I can look forward to getting her spin today, and you've seen her seemingly everywhere over time, in the USA Today, The Wall Street Journal, the view Dr Phil in every major legacy network channel, many times she is on a mission to change The conversation about money. She was known as the millionaire maker from back when a million was actually a lot of money. Welcome to GRE Loral Langemeier. Loral Langemeier 11:31 hey, thank you. It's great to be here. Look forward to talking with your audience, Keith Weinhold 11:35 Laurel, though we're a real estate investing show and audience here, I think that you and I would agree that wealth building starts in the mind that most valuable six inches of real estate between our ears. What's your take on cultivating a wealthy mindset? Loral Langemeier 11:50 You got to hang out with millionaires. I said the fastest way to become a millionaire is hang out with them. Is for me. I knew that's what happened. 1996 Bob Proctor introduced me to Robert Kiyosaki, Sharon Lechter, I flew down, sat at her kitchen table. I walked out that day. I flew in as an exercise physiologist for Chevron, building fitness centers in their blue collar like offshore oil rigs, refineries like the sexiest places in the world, Kazakhstan and goal Africa. I went in as an exercise physiologist. I went out the next day as a master distributor with a cash flow game. And I jumped, I quit my job and said, I'm going to go follow this Japanese kind of game around. And I was teased and teased and teased. Keith because, I mean, Rich Dad, Poor Dad didn't really hit until 1998 so sort of this risky proposition. But like with anything you say yes, you figure it out. And I knew people asked me over the time. They said, What would have happened if Rich Dad, Poor Dad didn't hit, if it didn't become as big? I said, we just opened up another door that's such a message for people, their need to see the path of how to do everything before they move is honestly one of their biggest saboteurs. So for mindset, I think mindset also goes with knowledge, because I just know, having taught this, you know, just this whole millionaire hold like a millionaire maker book. And for all your listeners, I can give them a ebook copy of the millionaire maker. So love to give that out to everybody for free. However. You want to do that in the show notes, but becoming a millionaire is the same thing as take like you said, you got to learn to make money. As an entrepreneur, even if you have a job, you've got to learn to make money. You've got to learn to keep it through better tax planning, and you have to invest in alternatives, which is why real estate was my first millionaire status. And I've been a millionaire now in nine industries. So that's kind of exciting new hit nine industries this last year. So done in a lot of different categories. Real Estate was my first in 1999 and during that period, if it wasn't hanging out with Robert Sharon, Keith Cunningham, like Bob Proctor. I mean the guys. I mean when you're living around millionaires, the fastest way to not only get your mindset, but then your behavior and your knowledge levels just skyrockets because you're around I mean people who live it, and they're living it every day. I think those who sit on the bleacher seats, I call it Keith, where they're just watching, reading, but never getting in the game. They're the ones who like they're sitting in the oyster seats, right? They're just watching. They're not actually get on the playing field. Keith Weinhold 14:09 Sure, it harkens back to the classic Jim Rohn quote, you are the average of the five people that you spend the most time with. Laurel when it comes to mindset, one thing I think about is that every single day, 8.2 billion humans wake up, and every single one of us has this gap between who we are and who we could be, yet most of us make zero progress on this ever present gap. So when it comes to wealth mindset and finances, what can we do? Loral Langemeier 14:38 You gotta get a mentor and a coach. And I got a mentor and a coach when I was 17, what shifted me and really changed the whole trajectory of my life. I grew up at farm in farm girl in Nebraska, and at 17, I was going off to university, also going to play basketball. And so I went to one of those pre sports seminars, and Dennis Whateley was a speaker. And. And I ran to the front of the stage, and I got the book, Think and Grow Rich, and that I can tell you, a farm girl 17, going like, there's a whole other way to live. So instead of going to school to get a law degree, which is what I went into, which I still think I'd be a heck of a little debater and negotiator, but I do that enough in business now, I got a finance degree, and I just studied. And my first mentor at 17, I walked into a bank, and I remember asking the bank president, will you mentor me? Because rich people put their money here. I need to understand money, because I don't understand it. And I was never really raised in that conversation, which I would say, 99% of the planets that way. And I have taught and traveled this work since, you know, 1999 when I became a millionaire, Keith, I've put this work into six continents, all but Antarctica. So I know it works in principle. Everything we will talk about today works in every continent. The benefit is the United States has the most corporate structure, the best tax structure, the best tax strategist, stack strategies. So even my high net worth international clients end up, typically in Nevada, with a C Corp or some sort of asset company or trust, where then they can buy us real estate, US gas and oil and activate our tax code for them. So we do a lot of really high, high level international strategies. Just because I bent all over to do that, when very blessed to do that, it's interesting, because I think mentoring, you're not going to be taught this. And what drives me crazy when people say, and I'm sure you've heard this a million times on your podcast too, Keith, schools should teach this. No, they shouldn't. Parents, you need to teach it. You need to be more active in your household than your family. And instead of letting Tiktok raise your kids, you need to raise your kids. So I do a lot of work in this category, because my kids are now 18 and 25 raised them a single mom, but legacy work is critical, and that's why I have a game. I have a millionaire maker game. So from the cash flow game, I have a game, and I think the parents have got to put the conversation about money in the household, and they got to monitor like, what they say, you know, don't ever, ever say to a child. Don't ask for it, or, you know, or we can't afford it, because you can afford anything you want if you learn to make money. And I think Keith is part of this. I know we're in a real estate show, but you know, how many people want to be real estate millionaires and never make it? How many people want to do like you said, whatever, the life they're really meant to live? But again, I think they're in I don't think I know their environment, who they hang out with, who they spend time with, what they read there. Are they binging your podcasts and my YouTube channel, or are they binging Netflix and Hulu and watching John like how you feed your mind and what content, how many books you read? I don't care if they're ebooks audiobooks, but you've got to put new content in your brain all the time and be around the people making it happen. Keith Weinhold 17:41 Oh, that's great. Sure. To change yourself. You got to change your five, change your mentors, change your influencers, and, yeah, be that parent that teaches your children about money, and you don't have to teach that money is a scarce resource. I really just think that's one part of a mindset. That's where most people's mind goes when they think about money. They think about it as a scarce resource for one thing, and it's pretty counterintuitive with the mindset. I mean, if you want to be in the top of 1% you're probably going to be misunderstood and even iconoclastic. Loral Langemeier 18:13 Yep, I would agree. And you know, another thing with mindset that I think is interesting is, and again, I'm gonna go back to knowledge, about consuming the right knowledge. And on my YouTube channel, which is, you know, Laura Langmuir, The Millionaire maker, it's family friendly. It's for five years old and up. We actually have a YouTube journal, Keith, that we did, where it says, What day did you watch the video? What did you learn? What will you do? And in 365, days, because I'm there every day, here is your this. And that's what I tell parents. I said, get yourself and get your kids a journal and at least one lesson from every recorded, you know, video. So I would say, give me five to 10 minutes a day just for a new piece of content. And the biggest one that is searched on my channel. I want to relate this to real estate is people's mindset and understanding with debt. They have such a negative, negative relationship to debt. And I want to start with this. Debt is the cost of money period. It is not negative. I think it's the most positive thing you could do. And as a real estate investor, arbitraging debt, meaning, if you can get debt for two, 3% or 0% I have over 500 sources, I can get 0% financing for 21,24 months, that's free money that's not hard money, that's not 13% 14,15, that's free. And I would go into a million dollars of 0% debt I have, and I will at the end if I can invest it and make 10,12, 20, 30% so people need to learn, debt is your friend. If you use it in a responsible, organized and educated way, it is absolutely your enemy if you're using it to buy lifestyle crap. So like, debt is such a weird thing. Keith and I don't care how long I've had clients, if they grew up with a lot of debt and a negative impact around money, they can be a millionaire and still have this weird relationship to death. Oh my god, debt, and it's literally. They tremor. It's like it's just money, and there's plenty of it. It's just the cost of it. Or is it being paid to you, or are you paying it out and arbitraging that that range could build. I mean, that alone, if you just learned that strategy and applied it on top of your real estate strategy, would triple, if not 10x your portfolio, Keith Weinhold 20:19 like we say around here at GRE financially free beats debt free. You understand the difference? So does our audience. A lot of people don't. In fact, trying to retire your debt and slow your progress toward being financially free. I love it. Yep, you know what's funny, Laurel, just like you're coming on this show today, sometimes I'm a guest on other shows, and the way I've started to have the host introduce me to say, Hey, if you want your show to get some attention, say that our guest today, me has millions of dollars in debt, and he has from a young age that attracts attention. They think it's a negative thing. They don't know that my debt is outsourced to tenants. They don't realize a net worth statement. That's only the debt side of the column. We haven't talked about the asset side of the column, so it's really just an example of being paradoxical and iconoclastic. There we move beyond the mindset Laurel. I know you have some really actionable things on how you can help people build wealth quickly. Tell us about that. Loral Langemeier 21:16 So again, using debt is a massive piece of it. I'll just talk about some of the stories, like when I got into real estate in 1999 real estate in 1999 I lived in Marin, California, Sausalito, specifically right on the water. I shouldn't be on one side, right the San Francisco Bay. And got pregnant at 19 January, 8 was like, Oh, little sticks like, Oh, I'm gonna be my mom. And I knew I'd be a single mom. So I entered parenting as single mom, and I struck that, you know, another check for $25,000 seems to be the number for a real estate mentor that I've been kind of putting off. And I said, Oh, it's time. I said, so right now let's go. I have nine months. And he said, Why do we have nine months? I said, I'm really close to being millionaire, but I gotta hit millionaire status. And I need this much cash flow by my 34th birthday, which was June that year. I said, because in September, I'll be having a baby. And he went, what dropped the phone, and so he said, All right, so I wired him the money, and he said, meet me in Oklahoma City the next day. Yeah, well, there's a ticking clock. Yeah, there was my timeline nine months. But we went straight to the streets. And I think for the for me, I was privileged to be with a whole team, and I don't think I am a massive advocate. If you don't know what you're doing and you haven't done it, why take 100% risk in any industry that you've never played so I only got 15 20% of that run. But here's what I came with. In 1999 I knew how to build a database because Bob Proctor taught me that. So during the cash flow era, I bought my own inventory, took out debt, bought $500,000 of games, put them in my own warehouse so I could collect my own database. So from 96 to 99 I had acquired 18,000 people who had bought Rich Dad, Poor Dad books, cash flow, cash flow, 101202, all his the products, and I had my own financing. So I was doing my own product. I had my own stuff. And all this is a big backstory, because a lot of you in real estate don't have a database. And here's the value I brought to that team that earned me another almost 10, 15% of equity is I brought 18,000 people, and when they saw that, they're like, you could help us raise the money, I said, I don't know to raise money. And they said, we do so again, I bought my way into a team for 25,000 in a mentoring program. There's about 10 of us that met in Oklahoma City, went down to Norman, and within less than a month, we raised $16 million out of that database. They did. I didn't know how to do it again. I sat on the sideline, but highly mentored and guided. So I was on a winning team from the beginning. We bought so much real estate, and then we went into the remodel. And so right then it's like, well, let's own the construction company, so that way we could get better buys. We can buy for the whole street. We can buy for the whole apartment. So we bought we started construction companies. We started being the distributor of the windows and doors in Oklahoma. We did that in Kansas. Now we do flooring as part of the distribution. We've done stoves. I mean, you name it, if you're going to buy it, buy it from yourself, or some way that you get paid extra. And then, like I told you before we went on the show, I would have the property management company. So we would start that, which was then came along with the cleaning companies. Gotta have the cleaning companies, the cleaning crews, the hauling crews. You're gonna pay one 900 got junk, buy your own truck, lease your own truck, haul your own stuff, and then rent it out lease it to others. So when we say cash flow fast in real estate, I went all in. So I own 51% of every property management company, and I put a ad in the paper for an electrician or a plumber, because they were mine most of two expensive things. And so they became partners. And I just made a lot of stuff, quite frankly, but I made it up with a lot of mentoring and guidance, of which those guys are still great, great friends of mine. We still own a little bit of property together. We went to Mexico and did a whole run through Mexico. The team was the most vital part. And what I say to folks in real estate, if you want to go big is you better get a database. I just find key that so many people in real estate don't understand. The Association of having a database, and the way I describe it is, today I might not want to buy, but if you don't have my name, phone number and email, and you don't continue to market to me the day, I am ready to buy or sell, you're no longer on my radar because you're not keeping in touch with me. Your job is an agent, a broker, an investor, I mean, is to build this database of people who then will go along with you on a journey. And I can tell you, it was a very blessed to have done it that way, but that 18,000 is what helped me become a millionaire. Because I had the people. I didn't know what to do with them. I didn't know how to raise my I didn't know anything about a PPM. I knew nothing, but I learned it all, and I was under a very, very successful. You know, decades and decades of success team. So, you know, they were 20,30, years my senior, but boy, I learned. I really leaned into it. And I think people do buy into programs and mentoring communities, but they don't do the work. And I see it all the time, I don't know how many people, and I'm holding up my millionaire maker book, and then this latest one, which is how I made my kids millionaires on paper at 10, again, by using trust real estate. Put them in my real estate company, shareholders, Keith Weinhold 26:05 make your kids millionaires. Is the title of the book you just held on that second one. Loral Langemeier 26:10 That one's a 2022, that was my latest best seller, and how I did it with my kids. And again, this back to The Parenting. So I can go a lot of ways, Keith, but I think the do it fast is go wider. I think so many people just go into buying just the asset, and they don't like I'm in the cannabis space right now in Nevada, legal. I'm an illegal cannabis I have licenses and very similar, if you're going to go in and you say seed to sale, you own everything like so I mean, the guy who's running my farm, he owns the label makers. He owns the, I mean, if you name it, he owns the nutrient company, because you need nutrients for the plant you're going to own. You're going to own. So the more you own of what you do and you have to pay, the more you keep your cash flow. And again, I see that mistake with real estate people subbing all the work to so many people. It's like there's so much cash that just went out that could be at least a percent of that could have stayed home with you. Sure Keith Weinhold 26:59 100% there's an awful lot there. You're a big believer in vertical integration, in bringing in all these levels and stages of construction and management and so on, and bringing them in house. And yeah, it's interesting. You talk about the importance of the team. Here, we talk about how your team, whether that's your property manager, your mortgage loan officer, your 1031 exchange agent, how your team is actually even more important than the property itself. And yeah, when it comes to having a database these names Laurel, it's amazing, in a way, reassuring, in a high tech world with AI, that it still comes down to that primordial human connection of people and who you know you're the listener. As you've listened to Laurel, you could probably tell that she was a star student, which is why she's now a star teacher and mentor so much more when we come back with Laurel Langemeier, this is Get Rich Education. I'm your host. Keith Weinhold. you know what's crazy? Your bank is getting rich off of you. The average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back, no weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments, liquidity fund again. Text family to 66866. hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Caeli Ridge personally. Start Now while it's on your mind at Ridgelendinggroup.com that's Ridgelendinggroup.com. Hal Elrod 29:43 This is Hal Elrod author of The Miracle Morning and listen to get it rich education with Keith Weinhold, and don't quit your Daydream. Keith Weinhold 30:01 Welcome back to get rich education. We have a well known name in the finance space. For decades, Laurel Langemeier with us. She has done an awful lot of real estate investing in her career, and as you can tell, she's got her own recipe, her own formula. She does things differently, she integrates. She brings things in house. Has multiple companies, and Laurel knows that you can be a profiteer when you serve the customer or the tenant, really, to the maximum amount. A lot of people have a gap there, and there's an opportunity cost. And Laurel, I know that one way you serve people is with Airbnbs in the Ozark region of Arkansas. Tell us about what you're doing there. That's really interesting. Loral Langemeier 30:41 So we bought pretty big houses, and a few of them we actually the one we were remodeling it, and that's when we really got to know the Ozarks. And there's a lot of tentacles. And so to get, like, from the properties we were buying to where you would rent a boat or a jet ski or get your watercraft, it was all the way around the lake. I mean, that's two lane roads, and it just took forever. And I thought, well, let's so we have another LLC that we bought some boats and jet skis. And again, when you get to know what do people really go to the Ozarks part that we call it the Redneck Riviera. They go to party. They go to party more than they need some bougie house to stay in. That's not what they really come they want to stay on the docks. So instead of putting a lot of money, we said, how can we force Do we have one property has 22 beds, so 22 people can sleep, but they just barely sleep there because they party. So we put more money in rehabs, into the dock, expanding the dock, big sound systems, a big bar, refrigerators, just made it super fun. And then when the tenants come, they don't just rent for the night. We also give them. We'll get your groceries and booze. We'll stock your bar down on the dock if you want. We'll pull up our boats and jet skis. So we had our own small fleet. Again, we just stacked on more service. So when the tenants arrived, a we got, you know, anywhere between depending on the boats and the jet skis and the tubes and all the ropes and everything they wanted, water skis. I mean, whatever they wanted to rent. Basically, we became like a rental company, and everybody freaked out, and they said, Oh my gosh, you're going to get killed in insurance. You're not. I mean, yeah, it's a lot more planning, and it's more work to get all that prepared. But that was anywhere between 500 to 1000 more a night in just the Airbnb. So again, why? If you're going to do one thing, do more for them, the more you serve a client, I don't care what area it is, yeah, the more you serve people, the more money you will make, because they're going to buy it, they're going to have to go get their booze on their own. They're going to have to go get groceries like that's a whole day of getting all that gear to their property versus, let us just save you a day on your holiday and let us do it all for you. There's so many creative ways that you could just serve people, and if you don't know what to do, ask them, What a novel concept. I do surveys all the time, like always doing polling and surveys. Hey, I'm a money expert. What do you want me to talk about? That's what right now, if you really look at a lot of my YouTube and a lot of my social media, people want reduced taxes. So like, I'm doing a heavy, heavy lift, because it was a survey that told me to do it, not just because Laurel decided to do it. And I think so many of you don't realize your audience will tell you what they want and how they want to be served. If you're listening, that's how you make money. And so many people as you know too Keith, that come as the entrepreneur saying, This is what I'm going to teach you. Well, nobody asked, nobody asked for that content. You wonder why it's not working. Is because you're pushing your agenda versus pulling and giving and serving their agenda? Keith Weinhold 33:23 Well, that is a great point. How do you know what people want? Two words ask them, which is exactly what you're doing there and the way that you're adding value and amenities onto a property there, like with what you're doing with Airbnbs in the Ozarks. It actually brings up a thought for another Jim Rohn quote. Jim Rohn said money is usually attracted, not pursued. Tenants are attracted to your rental units, new luxurious floors, and you'll soon profit when they compete over it. Loral Langemeier 33:52 Yeah, it's a lot of this stuff. It's not difficult. It's just different. And I use that saying all the time because people are like, Oh my gosh, it's so scary. He said, It's not scary. The only reason why people put fear and risk and that kind of negative energy and words, you know, language around, I think real estate or money or any of that, is the lack of knowledge. Because if they don't know, anything that you don't know is scary, like you and I talked before the show about aliaska. I mean, if you don't know how to ski and you try to go to aliaska, good luck. You would be scared out of your mind. But once you learn, it's exhilarating. And I find out with everything. So anything you approach and just notice the hesitation, is it because you need to learn it then lean in and find the best in class to teach you and like, shortcut your learning curve. You don't have to study for years and years and years and years. Becoming an entrepreneur is a decision right now, today, in two minutes, make a decision, and then get to work on what your offers are. You say, Well, what am I going to offer? People ask them, and they'll tell you what they're going to buy from you, because they're buying stuff all day long in this economy, they are buying and going to continue to buy. Keith Weinhold 34:56 If you yourself have a question for Laurel, you can always ask. Ask it at Ask loral.com L, O, R, A, L and Laurel, what are some of the more outstanding questions that you get over there, and how do you help them with some of the most important ones? Loral Langemeier 35:12 I'd say the number the biggest flood of content and questions right now is, how do we reduce taxes? I made up this term called the tax trifecta, because what affects your tax return is how you make your money. If you're just an employee, meaning a w2 like in America, that's what it's called. And Kiyosaki said it best in Rich Dad Poor about there's two tax systems. You're an employee, you're going to get tax pieces. You live on what's left. You're an entrepreneur, and you make money inside of a company. You activate 81,000 pages of tax code, and then you pay tax. So you decide how, where you want to pay tax. I call this living corporate life. So when how you make your money inside, what kind of a company? Right? And then activate the 81,000 pages of code for the deductions. Like I teach my people, they'll never go on a vacation. They're gonna have a business trip. And when you're in real estate, you can go anywhere in the world legally on a business trip, as long as you do what's required to actually make it a business trip by looking at real estate, and it's not that difficult. I mean, the reason I'm in a lot of different businesses is my kids have never been on a vacation. I don't take vacations because they're not deductible. I take business trips. So I teach families how to employ their kids. How to do all of that, like, how do you activate your kids? I mean, when my son was born in 1999 he was employed day one. He had Roth IRA By the second day of his life, and he was funded every day. And he's 25 now, just that one move made him a millionaire, just the one move of maximizing your Roth IRA strategically using it to invest in real estate. So I use a lot of participating notes. I did all sorts of different plays to grow their Roths tax free, tax deferred. So I'm super active about the whole family being in a real estate business. I think real estate is it's the first one I went after, and it's still the first one I tell lots of families. I mean, it's got to be in your portfolio. I still own a lot of commercial real estate, some residential, I said, in the Ozarks, but most of mine went commercial within the last especially COVID, I went all commercial for the most part, besides a few pieces of residential. Back to what do I that tax trifecta, how you make money, how you activate the tax code. And then the biggest one that nobody in financial planners will not tell you about it, your tax, your CPA, won't tell you about it. TurboTax is never going to tell you about it. It's how you invest in alternatives. So real estate, obviously, is a big one. Gas and oil is a massive one. Aviation, water rights, mineral rights, conservation easements, carbon credits, those are the ones that affect your tax, because you get the depreciation schedules. So it's how you make it, how you use deductions and how you invest collectively makes up your tax. And so those are the kind of questions key some category of that, like I told you before the show, I have a new guy that just joined by over $20 million of real estate and only a few LLCs, no S corp, no C Corp, no trust. I'm like, and then you have these ridiculous insurance agents who say insurance will cover it all. You don't need to have an LLC or an S corp RC. You do? You do too. I would never live on just insurance that is such as 1960s conversation, like you guys got to grow up? Keith Weinhold 38:17 Yeah? Well, you know, totally. And you mentioned Rich Dad, and it's really the Cash Flow Quadrant. And one thing that the Cash Flow Quadrant helps delineate is you touched on it your tax treatment. Tom wheelwright is the most frequent guest that we have ever had here on the show, being the tax guy coming from the rich dad school. And Tom wheelwright was really the first one to inform us that something like 98 to 99% of the tax code is actually a road map for where the deductions are. Only one or 2% of maybe are the tax tables and what you must pay almost all the rest of it, is this roadmap to give you a guaranteed ROI if you follow it, something that you don't usually get in investing. And you brought up a few interesting tax strategies there. I think one of them is how you employ your kids and get deductions that way, while your kids learn. Tell us more about that. Loral Langemeier 39:11 I mean, when Logan was two, I put him out. He was painting buildings. He was around all sorts of, you know, title companies and closing tables. And then my daughter's same thing. So I take them with me. There's again, part of parenting is they have to be involved in your life. And I think so many parents just leave their kids home. They leave them with the device or their phone or some iPad. None of us have it like if they're gonna sit at a time, you know, a closing table, then I want them if they may not know everything at that moment, but that experience in that environment of just being a natural environment for them to know, to do business deals. It changes them. Changes your kids drastically. And then fast forward, when my kids are 18, they get an LLC for their birthday, and they're added on shareholders in a bigger way, because then I use again the roadmap. Because, you know, well, I always. Laugh, I say, but people read fiction novels and junk whatever. I'm reading the tax code. I think the tax code is the most creative, freeing body of work that has ever been done. It's fascinating. It's so creative. My son's becoming a CPA because of it. So when my son went to school, he was on a football scholarship. He played for Georgia, Southern starting center five years because I'm a single mom and I only make $42,000 I don't even own a phone. I don't own a car. I don't own a home, actually, because it's held in LLC It's an estate property Keith Weinhold 40:32 I put or on paper or on papers. Loral Langemeier 40:34 No companies own it all and trust on it all. So I own nothing like I literally live Rockefeller style, and I teach people that this really was beyond the millionaire maker stuff. But my point with the kids is then when he goes to school. So instead of going every Friday to watch him play football, on a Saturday, I went on a business trip to see my son, and he and I actually are looking again. That's in states pro Georgia, where Georgia's other is buying some apartments that we can then back into, and then then we go to the athletic department, and we know how much they will guarantee rent paying scholarship men to live in our apartment, like there are so many cool ways, and that that's how my son will get involved. So during all of my trips to watch him, Yes, I took one hour to watch him play football. Otherwise, I went to see my business partner. So my point is, and when he came home, he had to come home, not to just come home, but he came home to see his business partner happened to be his mom. So there's a way to put your kids into these businesses early and put them through school, have school that can't be written off. And even though he's done a scholarship, all that travel was still not a deduction, unless we structured it as a deduction to the real estate company. There's so many strategies that I honestly, Keith, I made a lot of these up. And I went to, you know, my top tax team, and I said, why can't we do this? I said, I want this to be done. Tell me the legal way to do it, and then they would guide me. So then I just turn around and I teach other people that when you do your own taxes, number one, you're not educated enough to do your own taxes, so why people do Turbo Tax or even H R Block? I mean, that's where kindergarteners play. And if you want to be a millionaire, you have to get experts around the table that really know what they're doing. I mean, a proper tax strategist at the level we have, and I have, like, 28 people on my financial teams that integrate. I mean, they have masters of accounting. So they've gone to school five and six years. They've sat for four exams and had 2000 hours of audit. So whenever, like an engineer or somebody, even a real estate investors, try and do their own taxes, I'm like, it's a highly, highly skilled expertise. So anyway, I could go into the team approach. I don't think Keith, I know so many people are so close to getting it really all right, but their sequence is completely out of order, and they're just at call tax and invisible paying. You're just used to it. You're just used to paying it because you think you have to. And you've been scared by the media that it's this big, scary thing, and the IRS is going to come get you. It's like, no, they're not. This is legal to do all this stuff. You just have to do it right and document it right Keith Weinhold 42:57 right. And that's part of your team, your tax team, and that's another good ROI. If you pay a tax preparer and strategist 5k which is more than most people, maybe they're making you 10x that or more with their knowledge of the tax code. And for you, the listener that might find the tax code to be dry reading, you know, for a lot of people, you're probably right that it is dry reading. But if you think of it this way, if I act on what I read, then I am getting paid for what I'm reading here in the IRS tax code. Well, Laurel, do you have any just last thoughts, overall, whether that's about wealth, mindset or real estate or anything else, as we're winding down here Loral Langemeier 43:35 any question ever you just go to ask Laurel, A, S, K, L, O, R, E, L, ask questions. Make a request you can ask about I have online events. You can ask for free tickets. You can ask her ebooks. So ask her whatever you want. We're super generous on giving gifts away to especially our new listeners and new folks. But a lot of it's, I'm going to say it's active engagement. That's a term I've used as I walked into 25 and I look at the people I've made over 10,000 millionaires, probably 12, 14,000 by now. But the difference between those who make it and those who still struggle is active engagement. I'm showing this on your screen just to have it on video, but I got this magic wand because people say I have a magic wand. I said, I do. I naturally now officially have one, and it comes with pixie dust. But it doesn't really matter. It won't work. I can't just, you know, anoint you with my little wand, and all of a sudden it's magically going to change. You have to actively, like you said, study the IRS code, study my books like my millionaire maker is a blueprint for how to be a millionaire. So there's seven families in the book. Pick which one you're closest to and what you've done to yourself, and then start the pattern, and there's a pattern and a sequence for everybody, for seven different kinds of family, and what you've done to yourself. And I also live the last kind of words I would say to people is that I've been doing this way too long. I have no judgment, no criticism about what you did to yourself. A lot of people are ashamed or embarrassed, like I can't believe I'm this old and I should be farther along. So what now? What is my. Saying, so what happened or how you got here? What do you want to do about it now? So we start with a new, fresh line and stand and let's go and you can create anything you want with the right team around you and the right initiative. So just know you'll be actively engaged in this. This isn't me, doing it for you or to you. It's with you, and you have to own it. You have to own your own wealth. Nobody else cares about it more than you. Keith Weinhold 45:23 these strategies work as long as you do. Laurel, it's been a great mindspring of ideas for the listener here. Thanks so much for coming onto the show. Loral Langemeier 45:32 Thank you. Appreciate it. Look forward to hearing from many of you and helping you out. Keith Weinhold 45:35 Oh, yeah, a wide range of expertise from Laurel Langemeier there. And you know, we're talking about the awareness of the gap between who you are and who you want to be earlier. Really, there could be a gap between how you're utilizing your rental property currently and what it could be Laurel found more ways, for example, to serve her short term rental tenants in the Arkansas Ozarks with providing boats and jet skis dockside to her tenants. In fact, there's a book all about this called the gap and the gain. It was published about five years ago, and let me tell you what it's about and maybe save you 10s of hours of reading most people, especially highly ambitious people, are unhappy because of how they measure their progress. We all have an ideal. You have an ideal. I have an ideal. It's a moving target that is always just out of reach. Well, when you measure yourself against that ideal, you're in the gap. However, when you measure yourself against your previous self, you're in the gain measuring your current self versus your former self, that can have enormous psychological benefits. That's how you can feel like you're making progress, and that gives you confidence, and you make more progress. You might have only owned two rental properties last year, and you're going to have four this year. So you want to make that comparison, don't make the comparison that Ken McElroy has 10,000 units and you never will big thanks to the driven and experienced Laurel Langemeier, today, I feel like she has a narrow gap between who she is and who she could be. There is a lot happening here at GRE in our newsletter called The Don't quit your Daydream letter. I recently let you know about what chat gpts ai updates mean for real estate investors, and I showed you that before and after photo of how you can now tell AI to just renovate your rental unit, and within just a minute, it shows a pre and post renovation, it shows what the renovation would look like. AI is also being used for fraud, like to generate fake receipts or insurance fraud that makes a property look damaged when it really isn't. And every few weeks, I like to send you a good real estate map, like the recent one that I sent you, showing the cost of living by county and how that map was almost like a cheat code on how you can find the best real estate. Also here at GRE our free coaching is helping connect you with properties. Many of you are interested in BRRRR strategy properties lately, I recently reshot the entire real estate pays five ways course, and I updated it for today's times with today's numbers. I'm giving that away for free, those videos and even giving a free gift at the end of the course, I share those resources with you in the Don't quit your Daydream letter as well. And then, of course, I sent you details on the Great Investor Summit at sea cruise starting in Miami, sailing the Caribbean June 20 to 29th and how you can have dinner with me and the other faculty, like Robert Kiyosaki, Robert Helms, Peter Schiff, Ken McElroy and more. And this particular cruise event is not cheap to attend, although I don't make any money from the event, but our Don't Quit Your Daydream letter is totally free. I would love to have you as a reader, and you'll stay informed on all these Real Estate Investing Insights and trends and events and more, otherwise, you're really missing out. See, the reason that I write the letter is that I have visual things to show you that I cannot do on an audio medium here, like this, like those real estate maps. And before and after photos. I write the letter myself. You know so many other letters are now AI generated. I write this myself. It is all from me to you. And if you aren't already a reader, you can get the Don't quit your Daydream. Letter free right now, just text text GRE to 66866, and by the way, we don't text you the letter each week. That would be intrusive. The letter is emailed. It's just a convenient way for you to opt in. You can do that while it's on your mind again. Text GRE to 66866, and I'll turn it alternative way to get the letter is to visit get rich education.com/letter that's get rich education.com/letter. I've got a lot more for you next week. Until then, I'm your host. Keith Weinhold, don't quit your Daydream. Speaker 1 51:01 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 51:25 You know, whenever you want the best written real estate and finance info, oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read, and when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text GRE to 66866, while it's on your mind, take a moment to do it right now. Text GRE to 66866. The preceding program was brought to you by your home for wealth, building, getricheducation.com
Private listings, broker lawsuits, and mortgage mayhem — Episode 312 is packed with the headlines shaping the future of real estate. This week on tWiRE (This Week in Real Estate), we're diving headfirst into the chaos, clarity, and controversy rocking the housing industry.
Keeping it Real Podcast • Chicago REALTORS ® • Interviews With Real Estate Brokers and Agents
Welcome to our monthly feature Unpopular Real Estate Opinions with Chris Linsell. In this episode, Chris talks about NAR's recent amendment on Clear Cooperation Policy. Chris discusses privacy and marketing strategies in exploring reasons why sellers might want to keep their listings private. Chris and DJ also discuss how AI and technological changes will impact the real estate industry. Chris also talks about the tension between an agent's obligation to serve their client's best interests and the broader market's needs. Last, Chris talks about the importance of advocating for more local control in real estate policies. Please check Chris' profile on LinkedIn. If you'd prefer to watch this interview, click here to view on YouTube! This episode is brought to you by Real Geeks and Courted.io.
Send us a textWe can't seem to get out of our own way. We want to continue to do the things that got NAR and your Brokerage sued. We continue to do workarounds on compensation and try to steer sellers into giving more comp through Broker to Broker compensation. We need to change how commissions are handled. Stop doing the workarounds that could lead to legal trouble and understand the implications of steering in real estate transactions. The potential for future lawsuits is real if the industry does not adapt to new regulations and practices.Don't forget to like us and share us!Gary* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.
This week we have part two of our interview with Laura the creator behind the fantastic Magical Mystery Church YT Channel. Laura goes over her research into how the New Age, Occult, and Doctrines of Demons have infested the Christian Church. She touches on NAR, Latter Rain, William Branham, Paula White and many, many more. Don't forget to check out part one if you haven't yet! Cheers and Blessings Please Check Out Magical Mystery Church On YouTube http://www.youtube.com/@magicalmysterychurch3424 @magicalmysterychurch3424 Support My Work https://www.patreon.com/theoddmanout Buy Me A Coffee!
In this episode of Industry Relations, Rob and Greg break down the big news about the Clear Cooperation Policy (CCP) and what its potential changes could mean for the future of real estate. They discuss the DOJ's ongoing investigation into NAR, the evolving landscape of MLS policies, and how major brokerages are responding. With key shifts on the horizon, they explore what these developments mean for agents, brokers, and the industry at large. Key Takeaways • Clear Cooperation Policy (CCP) Under Fire – What the latest updates mean for listing practices and market transparency. • DOJ vs. NAR – Ongoing legal scrutiny and potential implications for how real estate operates. • MLS Policy Changes – How the rules around listing distribution may evolve and what it means for competition. • Brokerage Adaptation – How leading firms are adjusting to the shifting regulatory and policy landscape. • Industry Power Shifts – The role of leadership changes and legal actions in reshaping the real estate ecosystem. Resources Agents feel joy, rage, confusion over Clear Cooperation ruling Watch Us on YouTube Connect with Rob and Greg: Rob's Website Greg's Website Our Sponsors: Cotality Notorious VIP The Giant Steps Job Board Production and Editing Services by Sunbound Studios
April is Fair Housing Month, and Shannon and Patrick take us inside NAR's 360 degree approach to the topic. Fair Housing isn't just a feel-good phrase—it's the law. And NAR's members are an army of Fair Housing advocates leading on this issue in every zip code in America. In this episode, you will get the scoop on new NAR data on the racial homeownership gap, the exciting launch of Fairhaven 2.0, on how NAR advocates for Fair Housing every day, from our communities to the halls of Congress. The REALTOR® code of ethics sets NAR apart, and this primer on Fair Housing will bring you up to speed and make you proud to be a member of NAR.
Keith shares some historical perspective on inflation highlighting the cost of a Taco Bell meal in 1999 to its cost today. He also touches on the concept of service inflation, where services like mail delivery and self-checkout at grocery stores have become less convenient but not cheaper. Keith reviews the historical performance of real estate during the last eight recessions, noting that housing prices usually rise during recessions. He explains the concept of the Inflation Triple Crown: asset price inflation, debt debasement, and cash flow enhancement. Housing prices usually rise during recessions, as demonstrated by historical data. Resources: To learn more about the Inflation Triple Crown go to: getricheducation.com/itc. Show Notes: GetRichEducation.com/547 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching:GREmarketplace.com/Coach Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I'm your host. Keith Weinhold, is higher inflation or even hyper inflation now in our future, and is an imminent recession, or even worse, a depression lurking. What's it all mean for your investments and your real estate? We'll investigate exactly what happens to real estate during recessions, historically today, on get rich education, since 2014 the powerful get rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate investing in the best markets without losing your time being a flipper or landlord. Show Host Keith Weinhold rights for both Forbes and Rich Dad advisors and delivers a new show every week since 2014 there's been millions of listener downloads of 188 world nations. He has a list show guests and key top selling personal finance author Robert Kiyosaki, get rich education can be heard on every podcast platform, plus it has its own dedicated Apple and Android listener phone apps build wealth on the go with get rich education podcast. Sign up now for the get rich education podcast or visit get rich education.com Corey Coates 1:19 You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education. Keith Weinhold 1:35 Welcome to GRE from Hartsdale, New York to Springdale, Utah and across 488 nations worldwide. I'm Keith Weinhold. I think you know that by now, you are inside one of America's longest running and most listened to real estate investing shows. This is get rich education. Most people have two plans. Plan a get rich. If that doesn't work out, the alternative is Plan B, which is hate rich people. We are firmly rooted in plan a for you here. So yes, we're about building your wealth, but ultimately we are a lifestyle improvement show. I'm going to get to high inflation and the potential for a recession or depression in just a minute. But I recently got a reminder on the fragility of life and its finite nature. My oldest friend recently died. He was almost like a mentor to me, a friend of mine's grandmother recently died, shattering her world, and it's a reminder that you won't be remembered for the money that you make. You won't even be remembered the real estate portfolio that you build. I mean, that surely won't last. The tennis that you serve, they'll die as well. I will be forgotten. This show will be forgotten. The people that love you, their opinions will die with them. Your Haters, their opinions will die with them. You can confirm that this is true right now by naming your eight great grandparents for me, there. Go ahead. You can't do it. I can't either. So what can you do, at least in this finite life that you have on earth? What you can do is enjoy your existence. The good news is, because you can control this, you can control enjoying your life and existence as get rich education is ultimately a lifestyle improvement show, and we are squarely helping you do that right here. And one way that I've done that over the years is by pointing out how inflation is actually advantageous to real estate investors. Well, it impoverishes most people. You're initiated on that by now. That's something that you really found out tangibly back during the pandemic. Now today, though, wow, people are frightened. I've got some contemporaneous material to share with you today, but I'll give you some lessons so that even if you're listening to this 10 years from now, you're going to learn some lessons. Americans inflation expectations for the next five years. They just hit the highest level since 1993 Yeah, expecting a lot of inflation, tariff pressures are a huge concern now. Last week, inside our newsletter, I sent you something that gave you some perspective on inflation. I sent you a photo of a Taco Bell receipt from 1999that might have left your mouth agape if you didn't see it. I'll tell you about it here and expand on this. And yes, it could leave you aghast, stupefied, gobsmacked, or even flabbergasted. In a sense, 1999 was not that long ago. It's sure not like ancient history. I mean, I was alive then, yes, I am here, and I'm from the 1900s. Well, this 1999 Taco Bell receipt that someone found perfectly preserved in the pages of a book. It shows a complete meal that was purchased for $3.50 it was actually just $3.26 and then the rest was tax added in. That's 350 for a chili cheese burrito, a taco nachos and a 16 ounce Pepsi. That's not the price for each item. That is the combined total from 1999 All right, how much do you think those same items would cost today? I don't eat there. I went to the Taco Bell website and found out. I mean, what an inflation measuring stick. This is what cost, 350 A Taco Bell in 1999 costs $11.44 today I use the same sales tax rate to come up with that. So today it's 1144 and today they also ask you a question a Taco Bell, if you want to round up for the kids or something like that, and then just watch, pretty soon, they're gonna request a tip too. That's a 327% price increase, and few people's wages have risen that much since 1999See, I told you that you would be left slack job and flabbergasted. All right, so let's look at where we are today. Now it's not an apples to apples comparison, but you know, Taco Bell is a fast food restaurant. Let's look at the price of a consumer item at a sports stadium today. All right, because both are places that everyday Americans frequent college basketball's March Madness tournaments have been taking place the last few weeks. Well, for the first time ever, the SEC is selling beer at its tournament. The price for one large premium draft beer is $17.50 so before tax or tip, 1750 for one beer all in that might be $20 or more, and I doubt that the beer is really that premium. I mean, you know what kind of beer you get at stadiums. So we look at inflation, one beer today is at least five times the cost of a complete Taco Bell meal in 1999 that's price inflation, and that's the stuff that's highly perceptible. Okay, you've been seeing that effect all of your life. It's making most people poorer. It's making real estate investors wealthier. And then there's the inflation that few people consider the less perceptible stuff, service inflation. And what are some examples of service inflation growing up the postal service delivered mail right to my parents porch, and they still do deliver mail right to my parents porch. Their neighborhood was built more than 100 years ago, but look, when new neighborhoods are built today, like places I've lived and perhaps where you live now, the postal service doesn't deliver your mail right to the individual mailbox on your porch. Today, you've got to walk both ways to your neighborhood's mailbox cluster. Some people even have to drive to get their mail. So your mail is no longer being delivered. Really, you have to go pick it up. Well, they don't lower the price for that reduced service level. That's service inflation. A second example is more obvious, grocery self checkout. You're taking the time and doing the work of scanning your groceries, but yet, they sure aren't lowering the prices of your lettuce and your beef jerky. And look service, inflation is here to stay. That is because companies make investments in it. The Postal Service bought those mailbox clusters, the supermarket bought those self checkout kiosks. All right, so with this ramp and price inflation and service inflation, along with it, and the other forms of inflation that I've talked about on the show before, like stagflation, tip inflation and Shrink flation and skimpflation. What is an individual investor like you supposed to do? Well, stock and mutual fund investors get killed by inflation. I mean, think about it this way, just killed if the Sp5, 100 gains 10% but there's 5% inflation. That's a 50% hidden tax on your gain, plus you might pay capital gains tax. On top of that, savers really get obliterated. I mean, just destroyed if your bond yield or your savings account pays 4% interest, and there's 5% inflation. That is a 125% hidden tax on your gain, and then you might pay regular tax on top of that. So stocks and mutual funds and savings accounts are not the answer. What is the answer? Real Estate and borrowing the opposite of saving. And let me address now, whenever people get fearful that another wave of inflation is coming, whether that's tariff induced or otherwise, let's not get carried away and think that Hyperinflation is right around the corner, although definitions of hyperinflation vary, the most accepted one by economists is a 50% inflation rate per month, not annually, per month. So that would be over 600% a year, with compounding. I mean, that would be really hard to get, but what we do know is that inflation is still elevated above the Fed's 2% target. It's 2.8% today. And what we do know is that more inflation is coming at what rate nobody knows. These facts almost necessitate that you have either got to start your own business, which is tough, or become a real estate investor which is easier, in order to escape this and acquire some lasting wealth. Any devoted listener here knows that the formula for beating it is luckily, not highly sophisticated, not esoteric, not anything that you need a degree or certification for, just own income properties with loans, and that's when inflation produces three profit centers. As we know that is something that I coined as the inflation triple crown. So if you're new, you're learning something. If you've been around here for a while, here's a little comprehension test for you. What are the three crowns in the inflation Triple Crown, you win with asset price inflation, debt debasement and cash flow enhancement. Asset price inflation benefits you because you have leverage gains debt debasement passively lightens our debt burden for us, and then cash flow enhancement, that boosts our cash flow above the inflation rate, because our principal and interest payment stays fixed. And you can learn more about that totally free. You don't even have to leave your email address or anything. You can watch the three videos of the inflation Triple Crown at get rich education.com/itc. For inflation, Triple Crown, it's just good free learning for you there I've made available at get rich education.com/itc, it is a foundational financial education. Is a recession or even a depression eminent, that's straight ahead. I'm Keith Weinhold. You're listening to get rich education. You know what's crazy? Your bank is getting rich off of you, the average savings account pays less than 1% it's like laughable. Meanwhile, if your money isn't making at least 4% you're losing to inflation. That's why I started putting my own money into the FFI liquidity fund. It's super simple. Your cash can pull in up to 8% returns, and it compounds. It's not some high risk gamble like digital or AI stock trading. It's pretty low risk because they've got a 10 plus year track record of paying investors on time in full every time. I mean, I wouldn't be talking about it if I wasn't invested myself. You can invest as little as 25k and you keep earning until you decide you want your money back. No weird lockups or anything like that. So if you're like me and tired of your liquid funds just sitting there doing nothing, check it out. Text family to 66866, to learn about freedom. Family investments. Liquidity fund again. Text family, to 66866 hey, you can get your mortgage loans at the same place where I get mine at Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties, they help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President Chaley Ridge personally. Start Now while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com you Dani-Lynn Robison 15:45 This is freedom. Family investments. Co founder, Danny Lynn Robinson, listen to get rich education with Keith Weinhold, and don't quit your Daydream. Keith Weinhold 16:00 Welcome back to get rich Education. I'm your host. Keith Wynne Holland, you are inside episode 547. I'll tell you, being a landlord or real estate investor can really change you now. I was using the stair climber at the gym just before talking to you today, I like to set up a big fan down on the floor to keep me cool before running or climbing. Plug it in, set up a fan. When I'm done, I turn off the fan. It's just a habit. I don't pay the electricity bill at my gym, but it's just the way that I would want to be treated. But you know what? When I find a fan that's already set up before I grab it and start on the treadmill. That fan is always running when no one is using it. No one turns off their fans when they don't have to pay for the electricity. And this reminds me of when I owned apartment buildings in Anchorage, Alaska, and tenants kept their windows open, even during the frigid winter, so that they could get fresh air. Yeah, you can guess who was paying the heating bill. It wasn't the tenant. It was me. The larger the apartment building is, the more likely that the owner is the one that pays for more of the utilities. And of course, in that case, you can look into utility sub metering. That process can be costly, but it might be worth it. It can increase your cash flow and your net operating income, which, when it increases your net operating income, that means that it also increases the apartment buildings value. And you know, in real estate today, you've got to look for where the opportunities are. There are opportunities in every market today. For places where there are specifically good opportunities are apartment buildings where their values have fallen 20 to 30% in some markets, it's wise to invest in beaten down sectors that you just know are going to come back like you know, the demand for apartment buildings is going to be there long term. This doesn't mean that you want to invest in any beaten down sector, like Office real estate in general. I don't see how that's coming back. A second strong real estate opportunity today is to find over built pockets, especially ones that exist in Texas and Florida. I mean, this is why they call them buyers markets. A Texas or Florida seller might make you a deal, and that doesn't mean everywhere in these states. For example, Southwest Florida is one area that's specifically over built, even amidst the national landscape that's under built. A third and a fourth area of specific real estate opportunity today are two that I have mentioned before, but they persist. That is still brand new, properties where many builders are still motivated to buy down your mortgage rate to about 5% even 4.75% in some cases, and new builds have low insurance premiums too. And then a fourth opportunity. That's something that we've covered a good bit here these past few weeks. BRRRR, real estate investing, buy, rehab, rent, refinance and repeat. That's a specifically good strategy if you don't have, say, hundreds of 1000s of dollars in liquidity to invest. Now you might ask, do those four strategies have validity? Do they have cogency in today's market, where there are these fears of an economic slowdown. Oh, yes, they do, or I would not have gone over them, but these palpable recession Fears are growing, and some are even asking, is a new Great Depression eminent? There is tons of bad economic news right now, not just in the US, but the global economy is on the edge, starting earlier this month, stock market tremors have turned into full blown convulsions. Trillions of dollars in wealth have just vaporized, wiped out. Investors are rattled, consumers are anxious. Business owners are confused, and those in power in the administration, they insist that tariffs and policy swings are all just part of a transition period, but a transition to what some have even asked, Is the everything bubble finally about to pop. Is this the brink of a recession or something even deeper, a D pressure? Well, one thing is undeniable, from stocks to crypto asset prices recently made a free fall, and I've got some long term lessons for you today, even if you're listening to this years from now, including what a phenomenon like this historically means for the real estate market, it's about what really happens to property values during an economic recession. Stocks recently had their worst week since 2023 barreling toward an all out bear market crash. A bear market means when 20% of the value has been lost from a recent high. Even Bitcoin, the poster child of speculative excess, has cratered. The carnage has been everywhere. But yet, instead of taking steps to prevent an economic meltdown, the administration in power, whether you like them or not, they have introduced more and more radical policies that could accelerate the crisis. Now, some of the tariffs could help long term, but the short term pain is perceptible, and you've got to be able to survive it. We've got new tariffs on multiple countries, and these are our biggest trading partners, even if these import taxes diminish, this is already strained friendships long term, especially with Canada. These countries keep retaliating with tariffs of their own, Canada, Mexico, China and the EU government spending is being slashed. Mass layoffs of federal employees have been underway for a while now. This is not just an economic experiment. I mean, this is a high stakes gamble with global consequences. So is this a detox period, or is it an economic freefall? Treasury Secretary Scott tebescent described this economic shift as a necessary detox period. That's the phrase that he used, and yes, I need to acknowledge there is no more grandma Yellen running the Treasury for long time, listeners, that is a reference to the long running joke about how my late grandmother resembled former Fed chief and former Treasury Secretary, Janet Yellen, but anyway, according to Besant, the US must break free from what he calls its addiction to government spending in return to private sector growth. Now, hey to me, that sounds good. Actually, that sounds like a good plan for the long term. But here's the problem, that addiction has been the lifeblood of the US economy for decades. And you know, this is something that regular GRE guest macroeconomist Richard Duncan has talked about when he's here. Remember what he's told us for over a decade here on the show, if the US doesn't have 2% real credit growth, credit expansion, well then we go into a recession. Well, what happens when the government cuts spending during soaring consumer prices due to trade wars? What happens when businesses hesitate to invest in the face of extreme uncertainty? Well, the bad news is that tariff whiplash and massive layoffs mean that businesses can't plan, and when businesses can't plan, they freeze. Look, just the other day, I talked to the President of a manufacturing company they make stainless steel tube valves and fittings. Due to all the tariff uncertainty, he's had to set up a reserve account based on what happens next, all right. Well, with that reserve account, that means that that's not money that's going into equipment reinvestment, that's not money that's going into making new hires. What happens when more confidence shatters and markets spiral lower? We may be about to find out. So has the recession, which is a precursor to any depression, already begun? Well, the warning signs are multiplying. Most ominously at last check, the respected Atlanta Fed tracker is now forecasting a more than 2% contraction in US GDP this quarter. That is quite a drawdown and two negative GDP quarters in a row. I mean, that is the definition of what a technical recession is. And here's a quick history piece for you in 1930 to try to quell the effects of the Great Depression, tariffs were passed. Alright. Do you know how badly that turned out back then in 1930 it was called the Smoot Holly Tariff Act. It raised tariffs to try to collect more revenue for the government. It didn't work, and the US sunk deeper into the Great Depression, with rampant unemployment and poverty and social unrest. There was a rise in crime, there were bank failures, even hunger and malnutrition. That's what a depression looks like, right there. Well, back to today. Right now, consumer confidence is collapsing. Retail Sales are plunging. The bond market is signaling distress, and yet those in power appear kind of oblivious to the magnitude of the risk. So what if it's not a transition and it is a start of something far worse? And see, this is just part of what's made investors raise their bets on a recession. Stocks are down like a global trade war has begun. Crypto has fallen like risk appetite has collapsed. Bond prices are rising like inflation is declining, and experts have priced in a 52% chance of a recession in the next 12 months. Okay, 52 that's like flipping a coin and just hoping that it lands on good news. Now in the real estate world, when we talk about direct threats from tariffs, as I've touched on before, the biggest direct threats are tariffs on lumber and on gypsum board. The lumber is used in house framing and trusses. Gypsum board, that just means drywall, the base case for tariffs on Canadian lumber alone, that adds about $10,000 to the cost of a new build typical single family home, which in turn jacks up all existing housing prices and their replacement cost. But let's look beyond that now at market factors. How is real estate adversely affected if the economy slows? Though historically. Let's look at how recessions really affect housing prices, and this is, again, as I like to say, where we take history over hunches. It's easy to have a hunch about what you think is going to happen, but let's look at what has really happened. How do real estate prices perform during recessions. When we look at the last eight recessions, okay? And the most current of those was in 2020, and then when we go back eight recessions ago, that is the 1960s Okay. Well, let me move along in chronological order here, during those eight recessions, starting in the 1960s leading up to today, housing prices, and this includes single family homes up to multifamily apartment buildings, they were just rounding to the nearest whole number here, up 5% there in The late 60s, in that recession, and then up 18% up 14% in the next recession, and then no change, down 1% and then up 6% and then down 13% that was during the 18 month recession, around 2008 and then finally, home prices were up 8% in the latest recession, alright. So in our total of eight recessions since the 1960s home prices only fell significantly one time, and they usually rise that one timethey fell. Let's explore that. That was during the 2008 global financial crisis, which involved more than just the recession. It was a deep recession, that's why it's called the Great Recession, but it also involved more than that. 2008 was special because that was a time of housing oversupply and low homeowner equity positions and a complete mortgage meltdown backed by flimsy liar loans. Well today we are in the opposite of all three of those conditions. We have a housing under supply. Americans have a record 300k plus in protective equity that they are not going to walk away from. And more. Underwriting is stringent, the opposite of a liar loan. So housing prices usually rise in recessions, and if we're teetering on the brink of a recession, there are a lot of reasons to think that housing prices will go up yet again. And by the way, I felt what was happening back in 2008 I invested through it. I think I let you know before that, that's when I owned two four Plex buildings, 2008 but it didn't feel that bad to me, because my properties were temporarily suppressed in value, and that part didn't feel good, but my rents and rental demand went up because no banks would give loans to borrowers to buy properties, so I wouldn't want to sell when the buildings were paying me a higher than ever monthly income. But let's not lose the greater point what I'm telling you here that housing only fell significantly one time through the last eight recessions. That demonstrates the resilience of the housing market. And by the way, those stats were sourced by the NAR and the NB er National Bureau of Economic Research. All right, so why is this? Why is housing resilient in the face of a recession? There are a few reasons, but a main one is see, even if and when times get tough, people still need a place to live, and they will pay for it, especially now, when they have record equity, people are motivated to make mortgage payments and make rent payments, or else they are going to be homeless. So tough times when consumers they get less likely to pay for their car loan are less likely to pay for student loans, and when they default on credit card payments, that's when this stuff happens, but people will fight like heck to avoid losing their home. I mean, people will pay for food, shelter and safety. And also, when it comes to recessions, let's not forget how many bad just God, awful, wrong recession calls there were from over the past two to three years. I mean, the so called experts were wrong, wrong, wrong. Today, the economy is actually starting from a good place. And what do I mean here today, consumers still have money to spend, and they probably will. This is huge, because consumer spending is 70% of the economy, but how will they respond when these higher tariff induced prices hit more shelves at Walmart and Target? We'll see unemployment is still so low that it's practically down there doing squats. But you know these numbers, they're always backward looking, so it does only aim to get worse. The labor market is firm. Interest rates have been pretty steady. They've fallen a little. Energy prices are still down. So really, the bottom line with what I've shown you so far is that federal policies have induced economic trauma, and it does increase the chance of recession over the next 12 months. During recessions, housing is a top performer, and interest rates usually fall as well, and specifically interest rates of all types, including the Fed funds rate, mortgage rates, pretty much every interest rate type, they tend to fall in the mid and late stages of a recession. So this is what you can expect based on history, not hunches. But as for a depression, that is super unlikely. We haven't had one in 90 years, and today. I mean, come on, we have seen what the powers that be do. We can see how they respond to crises. They will just print and print and print more dollars to help pave over any problem. And that's not responsible long term, and it creates more inflation, but that's exactly what the government did to pull us out of the Great Recession and to pull us out of the COVID slowdown. We'll review what you've learned today in just a minute, but let me tell you, though you may very well have the majority of your capital smartly invested in real estate, since that's where the long term wealth creation is, those funds are not very liquid. So what about your liquid funds? Like I pointed out early in the show today, amidst higher inflation expectations, inflation really destroys those in the stock market, and it absolutely crushes savers. Savers really get destroyed, because if your bond yield or your savings account pays you 4% interest, and there's 5% inflation, that is a 125% hidden tax on your gain. And if that's the. Damaging enough there might be tax that you have to pay on that gain, which is not really a gain. This whole thing was a big loss. So for some people, including me, what I do is become a lend. Lord, yes, I get a higher yield by lending to others a lend. Lord. I mean, why settle for just a, say, four and a half percent yield on your liquid funds? I mean, that's the level at both the 10 year bond and the savings account yield today, about four and a half percent. I've parked my own liquid funds for a steady 8% yield that I've been getting for years with a long time established real estate company. I make the loan to them, they have paid on time, every time, for that steady 8% return. And see, when you understand that directly investing in real estate pays five ways, and that a 20 to 30% total ROI, therefore is common and even expected. You can understand how they can pay you and me an 8% return on your liquid funds. You can see where the arbitrage is. Just a little insider tip here. It's called Freedom family investments. If you want to learn more, text family to 66 866. Their minimums are pretty low to 25k and you don't have to be accredited. So for steady 8% returns from the same place in the same vehicle where I've been getting my 8% you can just do it right now. What's on your mind? Text the word family to 66866. Let's review what you've learned today, Americans have higher long term inflation expectations than they've had since 1993 a 1999 Taco Bell receipt really brings to light how much inflation you have experienced in your life. Though, higher inflation can come. Hyper inflation is unlikely. Let's not get carried away. The prospects for a recession are 52% in the next 12 months, per a plurality of experts, but a depression is really unlikely. Now you know how real estate performs in recessions and why it holds up so well it even tends to appreciate coming up here on the show are some prominent guests, including the leader of rezzy club. You might know about them. Sometimes I share their great charts in our newsletter. Yes, rezzy Club's Lance Lambert will be with us. Also, Legacy finance expert Laurel Langemeier will be here with us on another upcoming episode. Thanks for being here, but you weren't here for me. You were here for you. I'm Keith Weinhold. Don't quit your Daydream. Dolf Deroos 37:53 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC exclusively. Keith Weinhold 38:16 You know, whenever you want the best written real estate and finance info. Oh, geez, today's experience limits your free articles access, and it's got paywalls and pop ups and push notifications and cookies disclaimers. It's not so great. So then it's vital to place nice, clean, free content into your hands that adds no hype value to your life. That's why this is the golden age of quality newsletters. And I write every word of ours myself. It's got a dash of humor, and it's to the point because even the word abbreviation is too long, my letter usually takes less than three minutes to read. And when you start the letter, you also get my one hour fast real estate video. Course, it's all completely free. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be easier for you to get it right now. Just text. GRE to 6866 while it's on your mind, take a moment to do it right now. Text, GRE to 6866 The preceding program was brought to you by your home for wealth, building, get rich, education.com.
NAR's new MLS policy gives sellers more flexibility in listing their homes, but it also continues to spark conflict within the industry. The introduction of the Clear Cooperation Policy in 2020 sparked controversy, especially around pocket listings and the balance between transparency and seller control. Now, with the latest policy update, the National Association of REALTORS® is aiming to address these conflicts while still providing fair access to the MLS. Join host Kathy Fettke as she dives into the history of these policies, the conflict they've created in the industry, and what the new flexibility means for sellers and real estate investors moving forward. 00:00 NAR's New MLS Policy 00:37 Clear Cooperation Policy 01:14 Debate about Pocket Listings 01:55 Clear Cooperation Policy Debate 02:58 Multiple Listing Options for Sellers 03:44 Sellers Disclosure Agreement LINKS JOIN RealWealth® FOR FREE https://realty.realwealth.com/join SYNDICATIONS: Wild Pine San Antoniohttps://realwealth.com/wildpine FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN Sources: 1. https://www.nar.realtor/magazine/real-estate-news/nar-introduces-new-flexibility-for-sellers-while-retaining-clear-cooperation-policy 2. https://finance.yahoo.com/news/the-real-estate-world-is-fighting-over-secret-listings-and-the-future-of-how-homes-are-sold-123021108.html 3. https://finance.yahoo.com/news/realtor-group-releases-new-policy-designed-to-settle-fight-over-secret-home-listings-165208854.html
On this episode, we discuss the recent rumors swirling around the real estate industry, NAR keeping clear cooperation intact and so much more! For info on tickets or sponsoring the 2025 Jared James Advance, please visit jaredjamestoday.com/advance!For info on FyrstUp, please visit fyrstup.com!For info on the Jared James Academy, please visit jaredjamestoday.com/academy!Our PartnersPrivy: Work more effectively with professional investors, build a steady flow of leads, and secure a more stable stream of commissions. Visit privy.pro/jaredjames for an exclusive offer!Mosaik: Your sidekick for streamlining operations to empower you as an agent and run a fully transparent process that brings your buyer and seller into the transaction with you. Let mosaik.io take your business to all new heights! Schedule a consult today!
Welcome back to America's #1 Daily Podcast, featuring America's #1 Real Estate Coaches and Top EXP Realty Sponsors in the World, Tim and Julie Harris. Ready to become an EXP Realty Agent and join Tim and Julie Harris? Visit: https://whylibertas.com/harris or text Tim directly at 512-758-0206. IMPORTANT: Join #1 Real Estate Coaches Tim and Julie Harris's Premier Coaching now for FREE. Included is a DAILY Coaching Session with a HARRIS Certified Coach. Proven and tested lead generation, systems, and scripts designed for this market. Instant FREE Access Now: YES, Enroll Me NOW In Premier Coaching https://premiercoaching.com Today's mission: how to carve out prospecting time in your hectic schedule to keep your pipeline pumping and your profits soaring. Starting with a plea from coaching client Sarah in Charlotte, NC: “I'm swamped with listings, showings, buyer calls, emails, texts, inspections, financing fires to put out. Prospecting's my lifeline, but it's the first to drop when chaos strikes. (Which seems like every day)... How do I squeeze in proactive lead generation and be as efficient as possible, so my pipeline doesn't crater?” Let's deep dive and answer that question! It's not just for Sarah, it's for anyone listening who seems time starved and swamped all or part of the time! In fact, this is the quintessential challenge for both up and coming agents and top producers: how to keep generating business even when you're super busy with existing deals! Your Pipeline Is Your Paycheck: Ditch prospecting now, and you're dry in 30, 60 and 90 days—no listings, no closings, no cash flow. NAR's 2024 stats show top producers prospect 20% more than average agents—that's your profit edge. It's like planting commission seeds for a bumper crop. HUGE Announcement: You will love this! Looking for the full outline from today's presentation? Our DAILY Newsletter featured lead generation systems, real estate scripts, daily success plans and (YES) the notes or today's show. Best part? The newsletter is free! https://harrisrealestatedaily.com/
Send us a textIn this episode of Dishin' Dirt, I answer the question as to whether or not you can still accept a seller bonus following the Sitzer/Burnett settlement. I will provide insight on the legality and realities of bonuses in real estate transactions, emphasizing the importance of written agreements and the business justification rule for any amendments to compensation agreements. Don't forget to like us and share us!Gary* Gary serves on the South Carolina Real Estate Commission as a Commissioner. The opinions expressed herein are his opinions and are not necessarily the opinions of the SC Real Estate Commission. This podcast is not to be considered legal advice. Please consult an attorney in your area.